debit side Antonyms

No Synonyms and anytonyms found

Meaning of debit side

Wordnet

debit side (n)

account of payments owed; usually the left side of a financial statement

debit side Sentence Examples

  1. The transaction was recorded on the debit side of the ledger.
  2. When you make a purchase, it is typically reflected on the debit side of your account.
  3. On the balance sheet, assets are listed on the debit side.
  4. The accountant noticed an imbalance on the debit side of the accounts.
  5. Expenses are usually found on the debit side of the income statement.
  6. The company's liabilities were minimal compared to its assets on the debit side.
  7. It's essential to keep track of your spending to ensure that your debit side doesn't exceed your income.
  8. Deposits are entered on the credit side and withdrawals on the debit side of a bank statement.
  9. The manager reviewed the entries on the debit side to identify any errors or discrepancies.
  10. The auditor focused on verifying the accuracy of the figures listed on the debit side of the financial records.

FAQs About the word debit side

account of payments owed; usually the left side of a financial statement

No synonyms found.

No antonyms found.

The transaction was recorded on the debit side of the ledger.

When you make a purchase, it is typically reflected on the debit side of your account.

On the balance sheet, assets are listed on the debit side.

The accountant noticed an imbalance on the debit side of the accounts.