What is the meaning of debit in accounts?

Answer Accounting is the technical business function of recording and reporting financial information. Debits and credits represent the information recorded in the company's general ledger for various fin... Read More »

Top Q&A For: What is the meaning of debit in accounts

Can I use a debit card for my onboard charge accounts?

Cruise lines, such as Carnival and Royal Caribbean International, allow passengers to set up onboard expense accounts to pay for items such as drinks, shore excursions and photos. Passengers may de... Read More »

What Is the Meaning of Debit Card?

When you open a bank account, you may be issued with a debit card that can be used to purchase items at any outlet or restaurant that allows electronic transactions. Instead of carrying cash, many ... Read More »

What Is the Meaning of Reconciliation of Accounts?

American adults commonly entrust their funds to banks and other financial institutions like credit unions. This is because these institutions offer increased security, interest and other perks when... Read More »

A chart of accounts is a list of accounts that makes it possible to easily identify accounts and names?

enlisted personnel must service out their enlistment unless there is a dire cause for early release. An officer can resign from service..............