Definition of Debiting. Meaning of Debiting. Synonyms of Debiting

Here you will find one or more explanations in English for the word Debiting. Also in the bottom left of the page several parts of wikipedia pages related to the word Debiting and, of course, Debiting synonyms and on the right images related to the word Debiting.

Definition of Debiting

Debiting
Debit Deb"it, v. t. [imp. & p. p. Debited; p. pr. & vb. n. Debiting.] 1. To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold. 2. (Bookkeeping) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.

Meaning of Debiting from wikipedia

- A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists...
- Debits and credits in double-entry bookkeeping are entries made in account ledgers to record changes in value resulting from business transactions. A debit...
- "credits" its cash account and "debits" its deposits account. In this case, the bank is crediting an ****et and debiting a liability, which means that both...
- applies, and where ****ets and liabilities are unequal, to equalize them by debiting or crediting owner's equity (i.e. if ****ets exceed liabilities, equity...
- an account. Debit may also refer to: Debit card, a type of payment card Debit MasterCard, a brand of debit card Visa Debit, a brand of debit card Bank account...
- A direct debit or direct withdrawal is a financial transaction in which one organisation withdraws funds from a payer's bank account. Formally, the organisation...
- In finance, a debit spread, a.k.a. net debit spread, results when an investor simultaneously buys an option with a higher premium and sells an option with...
- The debitive mood (abbreviated DEB) is a grammatical mood used to express obligation or duty. Examples of languages with a morphological debitive mood...
- corresponding sides, known as debit and credit; this is based on the fundamental accounting principle that for every debit, there must be an equal and opposite...
- and debiting the respective expense accounts based on the petty cash receipt dockets. The journal entry for replenishment typically includes debiting the...