Examples of 'debit balance' in a sentence
Meaning of "debit balance"
debit balance: In accounting and finance, a debit balance refers to the amount by which total debits exceed total credits in an account
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- The amount by which debits exceed credits.
- The amount of money owed to a particular creditor.
How to use "debit balance" in a sentence
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debit balance
There was a debit balance on the water.
Debit balance on the RTGS account.
Its deferred tax debit balance or future tax assets.
A debit balance account in a series of credit balances will have brackets and vice versa.
Each nominal ledger account will hold either a debit balance or a credit balance.
No debit balance shall be allowed on DCAs.
A bank counts a nostro account with a debit balance as a cash asset in its balance sheet.
Any debit balance on arbitrage transactions.
When total debits exceed total credits, the account indicates a debit balance.
There is a debit balance between contributions and benefits.
Therefore, the department PST liability account may have a temporary debit balance.
The credit or debit balance shall be allocated in proportion to the respective contributions.
Assets, on the left, normally have a debit balance.
No debit balance shall be allowed on PM accounts.
This balance is called the debit balance of account or vice-a-versa.
See also
A debit balance would indicate a Loss.
Treasury shares - Treasury shares are measured at acquisition cost with a debit balance under “ Equity ”.
Deficit The debit balance in the retained earnings account.
Quarterly commission, ¼ % calculated on the highest debit balance.
A minus sign indicates a debit balance or an outflow of funds from Canada.
Debit balance of the Council to the European Parliament 's credit.
Is there a credit or a debit balance between contributions and expenditure?
Debit balance to be carried forward from the financial year 1978.
Is there a credit or a debit balance between contributions and benefits paid?
Debit balance of the Council at the close of the financial year 1976.
Insert if applicable: No debit balance shall be allowed on PM accounts.
If a debit balance does persist . the Federal Reserve Bank carries the entire risk of non-reimbursement.
B 2 . [ Insert if applicable, No debit balance shall be allowed on PM accounts ].
Deficit = a debit balance in the retained earnings account.
An account may have a debit balance or credit balance, but it can not have both!
If you have a debit balance and you've been paying monthly.
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