Accounting Basics: What Do Debit and Credit Mean?
Nolan Accounting Center
JUNE 15, 2025
Accurate bookkeeping is essential for the success of every business enterprise. And central to accurate bookkeeping is the concept of double-entry accounting, where debit and credit entries are used to record all transactions. What Do Debit and Credit Mean? Keeping the financial records of every business in order requires tracking all the money flowing in and out of the company.
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