Outrageously Funny Word Dictionary :: Debit

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What is the definition of Debitumenize? 🙋

👉 "Debitumenize" is a phrase in Nigerian English language that means "to make something more or better than it was before." It's often used to describe how one's performance, achievements, or personal qualities have improved compared to their previous state. The word comes from the Arabic term "debit", which refers to a reduction of money or resources by an amount, and "umenize" translates to "to make something more or better than it was before".


debitumenize

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https://goldloadingpage.com/word-dictionary/debitumenize

What is the definition of Debits? 🙋

👉 In accounting, a debit is a record in which an account's balance decreases. It generally shows transactions that are recorded as negative amounts (negative numbers). For example: - If you purchase a product for $50 and pay with cash, your credit card would be credited with the amount of $50. - If you receive a check from someone else, you would have an account balance of $50. Debits can also appear in other financial statements and records. For instance: -


debits

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https://goldloadingpage.com/word-dictionary/debits

What is the definition of Debitrix? 🙋

👉 Debitrax, also known as the "debtix" or "debtorix," is a type of cryptocurrency that was created in 2017. It's an open-source decentralized platform for transactions between users and it aims to provide a secure and transparent way for people to buy and sell goods and services without intermediaries. Debitrax operates on the Ethereum blockchain, which allows its users to create, manage, and transfer tokens using a decentralized ledger. The platform is


debitrix

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What is the definition of Debiting? 🙋

👉 Debiting is an action in accounting that involves the transfer of money or assets from one account to another. It typically occurs when a company receives payment or cash from a customer, supplier, or other entity, and it is recorded as an increase in its balance sheet. The purpose of debiting is usually to record the transaction for tax purposes, to show income earned, or to reflect changes in inventory levels.


debiting

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What is the definition of Debited? 🙋

👉 The term "debited" in accounting refers to a debit entry in the financial system. It is used to record an expense or a liability that has been incurred and is being paid for by another entity. In the case of a debit entry, the account on which the debt is recorded is marked as debited, indicating that it has been processed and accounted for.


debited

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