Difference between revisions of "Debit"

From CNM Wiki
Jump to: navigation, search
(Created page with "Debit (alternatively known as debit entry and commonly abbreviated Dr because of Latin ''debere'') is any entry into financial books that either increases re...")
(No difference)

Revision as of 02:08, 13 December 2018

Debit (alternatively known as debit entry and commonly abbreviated Dr because of Latin debere) is any entry into financial books that either increases resource-origin accounts or decreases claim-origin accounts. Any journal entry contains at least one Dr.