debit balance

Assume that the allowance account had a debit balance of $ 1280 at the beginning of this month. Made an entry about allowance for bad debt.

If the Income Summary account has a debit balance, then the company has suffered a loss for the current period.

If the number of debit entries in an account is greater than the number of credit entries, the account will have a debit balance.

If the debits exceed the credits, the account has a debit balance; if the credits exceed the debits, the account has a credit balance.

Payment Method: Specify the payment methods (credit card, bank account debit, balance transfer) you want to accept through your application.

The debit balance account, Discount on Bonds Payable , is a contra-liability account.

Conversely, if expenses exceed revenue, the income summary will have a debit balance representing net loss.

All assets accounts normally have debit balance.

The total of debit balance of all .

and interest is charged only on the daily debit balance.

You'll never have to face a debit balance when you trade FX with us.

This leaves a debit balance of $320.

Because of large payment to sup - pliers, the account have a debit balance of1000.

Have you left a debit balance at another firm?

Equity investment on the difference between the average debit balance by Decade amortization, charged to profit or loss;

adjusted debit balance advance payment of premium