Description
debet means A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. It is positioned to the left in an accounting entry, and is offset by one or more credits. It is used in a double entry accounting system. Credits..
debet win Definition: A debit is an accounting term for an entry made on the left side of an account. Many times debit is abbreviated as Dr.The double entry accounting system is based on the concept that total debits always equal total credits.
link debet info debet n (uncountable) (accounting) debit, due to the account holder by a third party Synonyms: saldo, tegoed Antonym: credit a debt, due to a third party