Credit
Credit. An accounting entry that either increases a liability or equity account, or decreases an asset or expense account. It is positioned on the right side of an accounting entry. ... Read MoreRead More
Credit. An accounting entry that either increases a liability or equity account, or decreases an asset or expense account. It is positioned on the right side of an accounting entry. ... Read MoreRead More
Credit: An entry recording income or liability (opposite of debit). ... Read MoreRead More