【Debit】 is also a term in accounting for any item shown on the left side of an account; it usually designates a purchase and its price and is opposed tocredit,or any entry on the right side (that is, for an article returned or an amount paid on account). ...
accountatabankmeansthereismoneyintheaccount,whichisfavorable,tocoveralldebitchargesusedwiththedebitcard.Thisisthebasicdefinitionofwhatacheckingaccountatabankis.WenormallywouldthinkofCreditassomethinggood,favorable;butitcomestwofold…takethe CreditCard forinstance.CreditCard:(1888)NounA-BA.acardfromanindependent...
这不是因为什么，而是就这么规定的。必须先记住才能继续学习会计原理。
A zero liability policy absolves a credit or debit cardholder from responsibility for fraudulent charges. But it may not apply in all circumstances.
A. liability; debit B. asset; debit C. liability; credit D. asset; credit Balance sheet: A balance sheet is the presentation of accounts according to the nature and period of use in the business under a specific state...
Does allowance for doubtful accounts have a normal credit balance? Is the normal account balance for the Bonds Payable account a debit or a credit? Explain. Does an income account have a normal debit or credit balance? Is the normal account balance for the Prepaid Insurance account a debit or...
expense(花费)是属于等号左边的debit(借方)而revenue(收入)是属于等号右边的credit(贷方)?既然发明出来肯定有原因,诚心请教为什么这样记账?不要劝我这是定理死记,不要劝我这个太高端我不能理解, 扫码下载作业帮搜索答疑一搜即得 答案解析 查看更多优质解析 解答一 举报 这样的:会计恒等式 资产=负债+权益2,(权益2...
What is a credit? What is a contra liability account? What is a contingent liability? Can you help me to understand credit memo and debit memo in the bank reconciliation? What does debit memo mean on a bank statement? Related In-Depth Explanations Accounting Basics Accounts Payable ...
rival firm has a strong case, and the business estimates a $2 million loss if the firm loses the case. Because the liability is both probable and easy to estimate, the firm posts an accounting entry on the balance sheet to debit (increase) legal expenses for $2 million and to credit (...