2007-12-29 10:08:24 · 9 answers · asked by Anonymous in Business & Finance ➔ Credit
A debit is a deduction from your account, a credit is an amount added to your account. Simple.
2007-12-29 10:11:25 · answer #1 · answered by WC 7 · 2⤊ 0⤋
1.D[Not completely sure,can also be A] 2.C[We received the money,therefore debit cash,and credit notes receivable] 3.D[Outstanding cheques in June =5400,Cheques issued in July =38900,cheques cleared =26300;;;[5400+38900-26300=18000] ,$300 were returned because the customers account didnt have enough funds.
2016-05-27 20:21:59 · answer #2 · answered by ? 3 · 0⤊ 0⤋
You just got some money paid out of your account
2007-12-29 10:11:36 · answer #3 · answered by ffordcash 5 · 0⤊ 0⤋
DEBIT IS TO REMOVE OR TAKE OUT OF ACCOUNT THIS CAN BE A TRANSACTION FEE OR A CHECK OR PERSONAL WITHDRAWAL YOUR STATEMENT SHOULD BE SELF EXPLANATORY LEARN TO READ IT AND KNOW WHERE HOUR MONEY IS GOING
2007-12-29 10:15:34 · answer #4 · answered by barebear 4 · 1⤊ 0⤋
its usually 'debited from'
meaning that money has been taken form your bank balance.
2007-12-29 11:53:43 · answer #5 · answered by Rebz 5 · 0⤊ 0⤋
Quite simple Money has been taken from your account.
YOU HAVE PAID SOMEBODY
2007-12-29 10:15:05 · answer #6 · answered by Anonymous · 1⤊ 0⤋
MONEY TAKEN OUT OF YOUR ACCOUNT
2007-12-29 10:15:20 · answer #7 · answered by PANDORA Πανδώρα 7 · 1⤊ 0⤋
its the opposite of credited... who ever took money out of it...
hope it doesn't happen too often !!
2007-12-29 10:11:20 · answer #8 · answered by Fool to my self 3 · 0⤊ 0⤋
someone took your money
2007-12-29 10:12:11 · answer #9 · answered by Mack J 3 · 0⤊ 0⤋