Please explaoin "credit" and "debit" an account.?
114378
Your confusion is understandable for someone who is not an accountant.  Those terms 'debit' and 'credit' (from your first 2 examples, at least) are relative to the BANK'S POINT OF VIEW not yours.  I'll explain.  The bank has a balance sheets with assets on the left and liabilities (things that it owes) on the right.  Assets must always equal Liabilities + Owner Equity (equity won't be explained here).  On the asset side, when a bank gains an asset, it receives a credit and when it loses an asset it receives a debit.  The reverse is true for liabilities.  When a bank gains a liability, it receives a debit, but it is credited when loses a liability.  When you take money out of your checking account, the bank loses assets and therefore records a DEBIT (remember, a loss of assets is a 'debit' on the asset side).  When you add money to your checking account, the bank gains assets, which is a CREDIT on the asset side. When you use a credit card, the store DEBITS your account because you have gained a liability, a promise to pay (remember, a liability goes UP when it is debited).  When you get a refund, your account is CREDITED because you have lost a liability (you are no longer obligated to pay that debt).  remember, a CREDIT on the liability side means that liabilities go DOWN!  So 'debit' and 'credit' don't mean 'down and up', it just refers to what action(s) is being taken and on what side of the balance sheet the action is taking place.
816343
Two accounts of what? Please be more specific.
1024445
Usualy, Ebay gives you the option of entering your credit card number. Try that instead.
646618
Debit is a formal bookkeeping and accounting term that comes from the Latin word debere, which means "to owe". The Latin debitum means "debt". The opposite of a debit is a credit. Debit is abbreviated Dr, while credit is abbreviated Cr.
764339
what kind of account?\n\neach bank/credit union is different and may have different rules and policies - so you will need to inquire directly with your bank.  ask for a schedule of fees & depositors agreement.\n\nhowever, there are federal rules set by the federal government, these are federal regulations, and there's quite a bit... to see them, click onto:\n\nhttp://www.federalreserve.gov/Regulations/
573029
To get a debit card, you have to have a checking account.  The debit card is given to you though your bank you have the account with.  \n\nTo open a checking account, all you need is some cash to start the account.  Most checking accounts have a minimum deposit to start or charge you monthly fees.  \n\nJust to be clear, you do understand what a debit card is, right?  It directly withdraws money from your checking account.  It's like a checkbook in that sense.  So, if you don't have any money, a debit card isn't going to do you any good.
1170492
hi there, welcome on board. \nIf you are willing to read up then there's a big chance you'll find an answer here somewhere:\nhttp://finance.ebookorama.com/\nhttp://credit-cards.ebookorama.com/\nI have had a few happy people coming back to me after posting the links so hopefully it'll do your trick!  if it does help you don't forget to give me best answer :-)
967277
The\nNO CHARGE CREDIT CARD   from FREE BANK
49021
Try Advanced Credit Systems.\n\nVery reliable and great pricing!
170959
ask your bank or go to their website
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go to www.propay.com . you pay an initial fee upfront depending on how much credit card processing you expect to do and then you can process credit cards through their service for an entire year. they are extremely easy to use. You can then either transfer the money to checking account or their own debit card, which is usually done within 48 after you make the request to transfer to checking and if you chose to use the debit card it is available within 24 hours of you processing the transaction
673947
Direct debit is where someone (usually a company), with your permission and details can arrange to take money out of your bank account.  A standing order is something you can arrange to send money to another account.  I think standing orders have to be renewed yearly (may just be an option) whereas direct debits carry on as long as the other person carries on taking money or until you cancel it.\n\nEasy way to remember, direct debit is taken from your account, standing order you send from your account.
812755
My account number is by my sort code on my debit card, but it isnt on all. i would refer to a bank statement if i was you. It is 8 digits long. I work in a payroll office and there can be loads of problems if you get it wrong
799898
Analyze credit \n\nlook: http://www.expert-credit-advice.com/request_analysis.htm
762036
You can request a free debit card at wiredplastic.com!! I have one.
743226
Monthly, Quarterly, half yearly and yearly.\n\nMonthly generally we enable ECS where account gets debited online. You can pay by DD also or by cheques but collection charge will be there
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Debit and Credit are formal bookkeeping and accounting terms that have opposite meanings and come from Latin. Debit comes from debere, which means "to owe". The Latin debitum means "debt". Credit comes from the Latin word credere, which means "to believe".\n\nDebit is abbreviated Dr., while credit is abbreviated Cr.\n\n"Debit" also refers to the left side of a general ledger account, while "Credit" refers to the right side.\n\nA debit is also (informally) referred to as a "charge."\n\nA debit or credit changes the balance of an account. Asset and expense accounts increase in value when debited and decrease when credited, whereas liability, equity, and revenue accounts decrease in value when debited and increase when credited. This distinction is somewhat counterintuitive, until the nature of those accounts is more closely scrutinized. For example, revenue is coded as a credit. After recording a day's sales, the company will have credited a certain amount in revenue, and since credits are negative numbers, the balance grows more and more negative. An adjustment to revenue would need to be a debit, because its purpose is to bring the revenue totals closer to zero.\n\nIt is often assumed that a debit decreases a balance, and a credit increases it, because this is how the terms are used on bank statements and using a debit card decreases the balance in one's bank account. However, this is because bank statements are traditionally written from the bank's perspective, where the customer's account is a liability. By withdrawing money, the customer is decreasing the bank's liability. Since liability accounts normally have a credit balance, the withdrawal of cash from a banking account is reflected on the bank's balance sheet as a debit.