Debit (Verb)
Meaning
Enter as debit.
Classification
Verbs of buying, selling, owning.
Examples
- Enter £500 as debit in the ledger for the purchases made this month.
- Enter the amount of £200 as debit for the cost of repairs.
- Please enter £1,000 as debit in the account for the loan taken from the bank.
- The auditor instructed the accountant to enter a debit of £800 for the bad debt.
- The accountant will enter £250 as debit for the office expenses.