In double-entry accounting, an entry on the left side (debit side) of an account.
Each business transaction requires a debit and a credit posting using at least two different accounts, that is, one account is debited and the other one credited.
In double-entry accounting, an entry on the left side (debit side) of an account.
Each business transaction requires a debit and a credit posting using at least two different accounts, that is, one account is debited and the other one credited.