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debits Definition

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debits
verb(deb-it)
to enter upon the debit side of an account : charge with a debit
debits
noun(deb-it)
a record of an indebtedness; specifically : 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
debits
noun(deb-it)
the sum of the items entered as debits
debits
noun(deb-it)
a charge against a bank deposit account

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