debits Synonyms
Strongest:
Strong:
Weak:
Strongest:
Strong:
- superiorities
- controls
- prerogatives
- commands
- drops
- opportunities
- betters
- plusses
- privileges
- starts
- vantages
- margins
- leads
- jumps
Weak:
debits Meaning
debits
to enter as a debit, drawback, shortcoming, an entry in an account representing an amount paid out or owed, a charge against a bank deposit account, an entry on the left-hand side of an account constituting an addition to an expense or asset account or a deduction from a revenue, net worth, or liability account, to enter upon the debit side of an account, a record of an indebtedness, the sum of the items entered as debits
debits Sentence Examples
- The bank debited my account for the amount of the purchase.
- Careful bookkeeping requires accurate recording of all debits and credits.
- The company's income statement showed excessive debits for administrative expenses.
- The accountant debited the petty cash account for the cash withdrawal.
- The tax authorities imposed a debit on the taxpayer's return for unreported income.
- The debits in the general ledger must balance with the credits.
- The debit card transaction resulted in an immediate deduction from the customer's bank account.
- The vendor sent a debit memo for the returned goods.
- The accrual method of accounting recognizes debits for expenses incurred but not yet paid.
- The company's debits for depreciation gradually reduce the recorded value of its fixed assets.
FAQs About the word debits
to enter as a debit, drawback, shortcoming, an entry in an account representing an amount paid out or owed, a charge against a bank deposit account, an entry on
disadvantages, liabilities, handicaps, incommodities, drawbacks, obstacles, downsides, strikes,negatives, minuses
pluses, advantages, edges,assets, superiorities, controls, prerogatives, commands, drops, opportunities
The bank debited my account for the amount of the purchase.
Careful bookkeeping requires accurate recording of all debits and credits.
The company's income statement showed excessive debits for administrative expenses.
The accountant debited the petty cash account for the cash withdrawal.
