What does debit entry mean?
Definitions for debit entry
deb·it en·t·ry
This dictionary definitions page includes all the possible meanings, example usage and translations of the word debit entry.
Princeton's WordNet
debit, debit entrynoun
an accounting entry acknowledging sums that are owing
ChatGPT
debit entry
A debit entry is a record made in accounting or bookkeeping to represent the addition of assets or the reduction of liabilities in a company's balance sheet. This concept is used in double-entry accounting, where each transaction affects at least two accounts, recorded as a debit in one and a credit in the other. The term "debit" comes from the Latin word "debere," meaning "to owe."
Matched Categories
Numerology
Chaldean Numerology
The numerical value of debit entry in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of debit entry in Pythagorean Numerology is: 5
Translations for debit entry
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"debit entry." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/debit+entry>.
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