Debit - An accounting entry which results in either an increase in assets or a decrease in liabilities or in your bank account.
An outflow of funds from an account with a bank or financial institution. For example: When a person writes a cheque, his/her account will subsequently be debited with the amount.
Debit : an accounting entry which results in either an increase in assets or a decrease in liabilities or in your bank account.
an outflow of funds from an account with a bank or financial institution. for example: when a person writes a cheque, his/her account will subsequently be debited with the amount.
Debit