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Definition of Debit side
1. Noun. Account of payments owed; usually the left side of a financial statement.
Lexicographical Neighbors of Debit Side
Literary usage of Debit side
Below you will find example usage of this term as found in modern and/or classical literature:
1. 20th Century Bookkeeping and Accounting: A Treatise on Modern Bookkeeping by James Williams Baker (1918)
"To Post from the debit side of the Cash Book. Each amount entered in the first
or general ledger column is posted to the credit side of the account in the ..."
2. A Treatise on the American Law of Administration by John Gabriel Woerner (1899)
"OP THE debit side OP THE ACCOUNT. § 509. What the Accountant must show. — The
object of compelling executors and administrators to render an account of ..."
3. A Treatise on the American Law of Administration by John Gabriel Woerner (1889)
"OP THE debit side OP THE ACCOUNT. § 509. What the Accountant must show. — The
object of compelling executors and administrators to render an account of ..."
4. Goodwin's Improved Book-keeping and Business Manual by Joseph Henry Goodwin (1889)
"THE JOURNAL. neous Debit debit side OF THE LEDGER. 40. All items in the Miscellaneous
Credit column are posted to the CREDIT SIDE OF THE LEDGER. ..."
5. Lecture Notes on Some of the Business Features of Engineering Practice by Alexander Crombie Humphreys (1905)
"But now it may be said, There is no double entry in the General Ledger; there is
a debit to Cash Account which is recorded on the debit side of the ..."
6. 20th Century Bookkeeping and Accounting: A Treatise on Modern Bookkeeping by James William Baker (1920)
"Post the first four entries to the debit side of the respective accounts in the
ledger as explained in § 61, If 2; post the total (§ 61, If 3) to the credit ..."
7. Accounting Theory and Practice by Roy Bernard Kester (1917)
"The sales journal is a "charge" journal, ie, the individual items represent debits
and must therefore be posted to the debit side of the proper ledger ..."
Other Resources:
