debit entry

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Related to debit entry: credit entry
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Noun1.debit entry - an accounting entry acknowledging sums that are owingdebit entry - an accounting entry acknowledging sums that are owing
accounting entry, ledger entry, entry - a written record of a commercial transaction
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
'There was a debit entry of N1 million made in favor of Aboho Benjamin.
(37) In a typical debit entry, the payee (Originator) initiates the entry through its bank (ODFI) by requesting that funds be removed from the account of the payor (Receiver) at the RDFI.
Because the current balance (carried over from December 31, 2011) is a $1,200 credit, an $800 debit entry to the allowance account is required, as follows:
The accounts begin in 1804, when Malthus was 38 years of age, with the first credit entry on June 20 and the In'st debit entry on June 27.
He thus focuses upon capital, cash, and credit in explaining how to decide whether to make a credit or debit entry to a particular account.
I am yet to reconcile with the new debit entry that has started appearing in my bank statement.
While RBI has no objection for use of mobile channel to provide basic services such as mobile alerts for credit or debit entry, balance enquiry etc.
Notice that the full amount is initially deferred with a debit entry to the comprehensive income account for the effects of amendments.
In accounting terms, software's consumption value is a credit entry in the living-standard ledger, and forgone production is a debit entry. The difference between the entries is the increment to living standards attributable to software production.
So, for every debit entry, there must be an equal and opposite credit entry.