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What is the relationship between credit and debit
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What is the relationship between credit and debit

User Bluetoba
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Answer:

Credits happen when you give money to the bank, they credit your account (increase a liability) and debit their cash balance (increase an asset). Debits are when they give money to you, they debit your account (decrease a liability) and credit their cash balance (decrease an asset) .

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User Nuker
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