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  2. Debits and credits - Wikipedia

    en.wikipedia.org/wiki/Debits_and_credits

    For example, sales returns and allowance and sales discounts are contra revenues with respect to sales, as the balance of each contra (a debit) is the opposite of sales (a credit). To understand the actual value of sales, one must net the contras against sales, which gives rise to the term net sales (meaning net of the contras).

  3. Debit card - Wikipedia

    en.wikipedia.org/wiki/Debit_card

    A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back.

  4. What Is a Debit Card? - AOL

    www.aol.com/debit-card-184028928.html

    A debit card is a payment card that lets you pay for purchases or withdraw money directly from your checking account in your bank, credit union or other financial institution. It is often also ...

  5. Double-entry bookkeeping - Wikipedia

    en.wikipedia.org/wiki/Double-entry_bookkeeping

    Debits and credits are numbers recorded as follows: Debits are recorded on the left side of a ledger account, a.k.a. T account. Debits increase balances in asset accounts and expense accounts and decrease balances in liability accounts, revenue accounts, and capital accounts. Credits are recorded on the right side of a T account in a ledger ...

  6. What is a demand deposit account (DDA)? - AOL

    www.aol.com/finance/demand-deposit-account-dda...

    A direct debit authorization refers to transactions you make using your debit card. An example would be a debit card purchase you make at the grocery store. Types of demand deposit accounts

  7. Payment card - Wikipedia

    en.wikipedia.org/wiki/Payment_card

    The use of debit cards has become widespread in many countries and has overtaken use of cheques, and in some instances cash transactions, by volume. Like credit cards, debit cards are used widely for telephone and internet purchases. Debit cards can also allow instant withdrawal of cash, acting as the ATM card, and as a cheque guarantee card ...

  8. 4 Reasons a Debit Card Is the Key To Saving Money - AOL

    www.aol.com/4-reasons-debit-card-key-190022129.html

    While debit cards don't come with as many benefits as credit cards, there are several ways that using a debit card can help consumers save money. Debit cards are very beneficial, especially for...

  9. Payment system - Wikipedia

    en.wikipedia.org/wiki/Payment_system

    Modern payment systems use cash-substitutes as compared to traditional payment systems. This includes debit cards, credit cards, electronic funds transfers, direct credits, direct debits, internet banking and e-commerce payment systems. Payment systems may be physical or electronic and each has its own procedures and protocols.