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By: Julie

One thing I haven’t found a good answer for is why “credit” and “debit”? For example, if I pay $400 rent from my checking account, then rent gets $400 in the debit column and checking gets $400 in the...

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By: admin

That is a great question. The reason it seems backwards is that the Bank is telling you how the transaction affects Their Books which is a mirror image to the way it affects yours. The money you put in...

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