We’ll help guide you through the process, and give you a handy reference chart to use. Debits and credits are two of the most important accounting terms you need to understand. This is ...

The Central Bank of Nigeria has asked commercial, merchant, non-interest and payment service banks, among others, to debit customers for cybersecurity.

Commercial banks have sent messages to customers after receiving instructions from the federal government to set a date for the commencement of customer debits.

In standard procedure, debits go on the left and credits on the right of the general ledger. Each debit entry should have a credit offset somewhere in the accounts of the general ledger and vice ...

The new deadline is June 30, 2024. Investors need to have a nomination in place for their mutual fund schemes held in their ...

To get the bonus, you must make the switch using the Current Account Switching Service (CASS), and within 30 days of the new ...

Knowing some of the most common overhead costs can help you make sure your small business is making these debits as it should. Utilities expenses, such as electricity, water and communications ...

A better-than-expected first quarter and a goal of profitability and positive cash flow by the end of 2025 brought on a bit ...

A MAJOR bank is relaunching a £175 free cash offer after closing its previous deal just two weeks ago, The Sun can reveal.

Those who wish to learn or brush up on accounting fundamentals, core concepts, terms, and skills will enjoy the Financial Accounting: Debits & Credits – Accounting Transaction course. Over ...

Most of us aren’t 100% clear about the differences between standing orders and direct debits. Read our guides to find out the differences as well as how to cancel and what to do if money is taken from ...

Used to make sure that beginning balances are correct, the post-closing trial balance is also used to ensure that debits and credits remain in balance after closing entries have been completed.