Accounts Payable Interview Question:

What is debit from the banks point of view?

Submitted by: Muhammad

When we have received amount from bank that is debit to banker.
Submitted by: Muhammad

When we deposit money to banker it will treated in the debit side of Bank A/c
Submitted by: Sangeetha

A debit is a decreace in the Bank Account.
Submitted by: Fiona Simbak

The debit entry in bank account may be a withdrawal by the account holder OR a bank charge debited by the bank
Submitted by: Rajesh T Nair

The debit may be either withdrawal by account holder OR bank charges by the bank
Submitted by: Rajesh T Nair