Question

•••→ what is debit ?​

Answer 1

Answer:

A debit entry in an account represents a transfer of value to that account, and a credit entry represents a transfer from the account. ... For example, a tenant who writes a rent cheque to a landlord would enter a credit for the bank account on which the cheque is drawn, and adebit in a rent expense account.

Answer 2

debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. ... A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account.