what is debit

Answer Posted / murali krishna katakam

debit means receiving aspect , that means there is inflow
of benifit to the organization/entity ,simply we can say
debit means "positive" ie "+"

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is national banking entrance exam (nbet) and who conducts it?

530


How will your professional knowledge help in banking career?

694


Why did Banks get nationalised?

643


Is inflation good or bad for the economy?

620


In the banking scenario, what are the essential needs of the banking industry?

606






What's MUDRA bank yojana

710


What do you know about consolidation fund of India?

738


Give us one reason for why should we select you?

625


What does a delivery channel mean?

680


Share your views on women entrepreneurship?

630


What do you mean by term Usury?

648


What are term loans? What are the features of term loans?

622


Define Bills of Exchange and the Negotiable Instruments?

669


What is the difference between stock market and new issue market?

640


What is the current value of Rupee against USD or EURO

688