The small debit left on the account was cancelled as an ‘out trade resolution’.
We will debit your account as we find appropriate.
Not only do you now have a substantial monthly debit from your account, you also have to consider associated costs, furniture and, of course, bills.
As such, a deficit may be a result of the claims foreigners have on the local economy (recorded as a debit in the current account).
a double-entry system of bookkeeping, where each debit has a corresponding credit entry
By the time of the forfeiture in August 1995 Mr Jaura had an overdraft of £3,125 and a debit on his loan account of some £45,000.
a further debit of £21 6s 6d had been received from the Locomotive Department
The other reports deal with accounts that have negative equity - that is, the debit in the account exceeds the market value of the securities held in the account.
The debit column in Boroughmuir's ledger has a few entries this morning, but there is nothing there to suggest they are near bankrupt.
The second section was the ledger, consisting of all accounts and their debit and credit entries.