debit =?iso-8859-1?Q?cr=E9dit?=

Dave Peticolas dave@krondo.com
Sun, 24 Sep 2000 14:37:25 -0700


A debit is an increase in an asset account (like a bank account),
and a credit is a decrease in that same account. Banks often switch
the terminology, but that's because they print your statement from
their point of view.

dave