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How can you tell the difference between the debits and credits in the bank statements

User Marx Babu
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1 Answer

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Answer:
When your bank account is debited, money is taken out of the account. A negative.

The opposite of a debit is a credit, in which money is added to your account. It’s a positive.

Reason:

When someone credits your account, example you return something to Amazon they credit your account $x

While a debit is like a debit card, when you use it to buy something, money is taken from your account
User Amitkumarusc
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