debit (as in debit and credit) definition
The accounting term that means an entry will be made on the left side of an account.
To learn more about debits and credits, see our Debits and Credits Outline.
The accounting term that means an entry will be made on the left side of an account.
To learn more about debits and credits, see our Debits and Credits Outline.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.