Assertion: general ledger's account | /r/HasProperty | debited
Facets:
Source sentences:
text: Under this method, each transaction affects at least two accounts; one account is debited, while another is credited.
text: Every business transaction is recorded twice—once as a money leaving an account (a credit), and again as money entering an account (a debit).
text: These accounts are debited and credited to record transactions throughout the year.
text: These accounts are debited and credited to record transactions throughout the year.
text: Include a complete description of the general ledger entry, the precise account to be debited and the amount, and then the corresponding account to be credited and the amount.
text: Create your journal entry by entering the title of the account that will be debited first, then the amount.
text: To create a balanced ACH file, select this option on the ACH Setup tab and enter the routing number of the bank where your organization has the account to be debited.
text: If your organization requires you to send a balanced ACH file, select this option on the ACH Setup tab and enter the routing number of the bank where your organization has the account to be debited.
text: Error of reversal: When a double-entry transaction was entered with the correct amounts, but the account to be debited is credited and the account to be credited is debited.
text: Error of reversal: When a double-entry transaction was entered with the correct amounts, but the account to be debited is credited and the account to be credited is debited.
text: When a double-entry transaction was entered with the correct amounts, but the account to be debited is credited and the account to be credited is debited.
text: When a double-entry transaction was entered with the correct amounts, but the account to be debited is credited and the account to be credited is debited.
text: Description entry: The name of the account to be debited is on the first line, and the name of the account to be credited is indented.
text: The account type of the two accounts determines which account is debited and which account is credited.
text: When using the double entry method of accounting, each journal entry hits two accounts — a debit and a corresponding credit.
text: Accounting laws in some countries mean that general ledger accounts should have a zero balance at the close of business since these accounts are pass-through accounts and no debits or credits can permanently impact the balance of the general ledger account.