2. Verb. (third-person singular of debit) ¹
¹ Source: wiktionary.com
Definition of Debits
1. debit [v] - See also: debit
Lexicographical Neighbors of Debits
Literary usage of Debits
Below you will find example usage of this term as found in modern and/or classical literature:
1. Accounting Theory and Practice by Roy Bernard Kester (1917)
"debits to the Controlling Account The principle and the purpose of the controlling
account having now been established, the next problem to be considered is ..."
2. Bookkeeping and Accounting by James Oscar McKinsey (1920)
"Method of Determining the debits and Credits to Accounts Many attempts have been
made to ... As suggested above, the determination of the debits and credits ..."
3. Problems and Exercises in Accounting by William Andrew Paton, Russell Alger Stevenson (1918)
"The controlling account, Accounts Receivable, shows total debits $4600, and total
credits $1700. The specific accounts that make up this amount are as ..."
4. Problems and Exercises in Accounting by William Andrew Paton, Russell Alger Stevenson (1921)
"The controlling account, Accounts Receivable, shows total debits $4600, ...
debits $50, credits $550. Open a creditors' ledger showing the accounts and ..."
5. The Flow of Value by Logan Grant McPherson (1919)
"XV THE FLOW OF debits AND CREDITS WITH the passing instant the present merges
into the past: with the coming instant the future presses on the present. ..."
6. American Railway Accounting: A Commentary by Henry Carter Adams (1918)
"Income debits.—A consideration of income debits is, to a large extent, the converse
of ... Income debits cover all deductions from the gross income of the ..."
7. American Railway Accounting: A Commentary by Henry Carter Adams (1918)
"Income debits.—A consideration of income debits is, to a large extent, the converse
of ... Income debits cover all deductions from the gross income of the ..."
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