Assertion: debit | /r/HasProperty | an accounting entry
Facets:
Source sentences:
text: A debit is an accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet.
text: Key Takeaways A debit is an accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet.
text: A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account.