lt Accounting Bookkeeping Business Home Study

Learn Accounting and Bookkeeping Skills

rt
lt rt
lt

Profitable Accounting Business

Bookkeeper Tutorial (Bookeeper)

Email
Signup for our FREE Newsletter & Get Our Accounting Career Video FREE

 

Universal Accounting Facebook
Universal Accounting Twitter

 

 

Accounting Glossary: Debits

Our accounting and bookkeeping Terms glossary has definitions to over 150
accounting (accouting) and bookkeeping terms or tax terms.

Use this accounting resource to improve your accounting knowledge and bookkeeping understanding. All of these accounting terms have been reviewed and are written so they can be understood for a wide range of accountants, bookkeeppers, cpas professionals.

Please pick a letter to proceed to the terms associated with that letter.

ABCDEFGHIJKLMNOPQRSTUVWXYZ
Days' Inventory
Debenture
Debits:
A debit is one component of every accounting transaction showing what the company received as a result of that transaction. Debits increase assets of a company and decrease liabilities and equity of a company. Furthermore, debits decrease sales, and increase cost and expenses on the Profit and Loss Report.
Debt To Equity
Depreciation
Discounted Cash Flow
Double-Entry Accounting
Drawing Account


rt
lt
Got a Question Click to verify BBB accreditation and to see a BBB report.

rt
footer