debit ledger
1debit — I noun amount due, amount payable, arrears, bills, commitment, debt, deferred payment, expensum, indebtedness, liability, obligation, pecuniary due, sum owing, that which is owed associated concepts: debit agent, debit and credit system, debit… …
2debit — To debit is to place an entry on the left hand side of an account. A debit in a liability account makes it smaller. A debit in an asset account makes it larger. Glossary of Business Terms An expense, or money paid out from an account. A debit… …
3debit entry — noun an accounting entry acknowledging sums that are owing • Syn: ↑debit • Ant: ↑credit (for: ↑debit) • Derivationally related forms: ↑debit (for: ↑ …
4Debit Ticket — An accounting entry recorded as a debit that acknowledges money owed. When payment is received a corresponding credit is entered to cancel the debit. An example is when a bank processes a check to be deposited into a customer s account. The bank… …
5debit — /debat/ A sum charged as due or owing. An entry made on the asset side of a ledger or account. The term is used in book keeping to denote the left side of the ledger, or the charging of a person or an account with all that is supplied to or paid… …
6ledger — /lejsr/ A book of accounts, often referred to as a general ledger, in which a business records transactions; there being two parallel columns in each account, one for the debit entries, the other for the credits. Into this book are posted the… …
7debit — /debat/ A sum charged as due or owing. An entry made on the asset side of a ledger or account. The term is used in book keeping to denote the left side of the ledger, or the charging of a person or an account with all that is supplied to or paid… …
8ledger — /lejsr/ A book of accounts, often referred to as a general ledger, in which a business records transactions; there being two parallel columns in each account, one for the debit entries, the other for the credits. Into this book are posted the… …
9ledger entry — noun a written record of a commercial transaction • Syn: ↑entry, ↑accounting entry • Hypernyms: ↑accounting, ↑accounting system, ↑method of accounting • Hyponyms: ↑adjusting …
10debit ticket — noun 1. : an order drawn by an employee of a bank at a depositor s request to pay out money against the depositor s account 2. or debit memo : a memorandum of a charge (as for service) made by a bank against a depositor s account 3. : a slip… …
