What is a debit?

Every day we make a variety of purchases, pay for utilities.Sometimes, visit exhibitions, restaurants and other entertainment venues.Typically, we have to work in most cases fall either on public transport or a private car.That is, once again, we pay for gasoline and the use of technology.Without knowing it, we are facing on a daily basis, even at a basic level, the basics of accounting.Thus the basic concepts dealt with by the people, are the terms "debit" and "credit".With the latest definition of our countrymen more or less familiar.But what is the debit - are not all.Let's try to understand more with this term.

History of

phrase "debit balance" is often used in professional speech and activities of economists, businessmen of various financial organizations and financial institutions.In order to more thoroughly understand the nature of the origin and purpose of the use of this definition, let us turn to history.In the modern Russian language is used a great number of loan words.One such term is a "debit".He came to us from the German language.Although its origins takes the word of the Roman Empire.The original form of it is the definition of Debitum (Latin), which translates as "debt".Over its short form - debet - elaborates on this concept and is translated as "it has."It is noteworthy that in this word stands console de.Based on Latin grammar, this means a reduction of the short reduction.The second half of the term translates as "it" or "having".By combining the two components is obtained and what it means to "debit", "reduction of the available assets."

similar terms

draw a comparison with the English language.It is present in almost identical to the word described by the term debt.Translated into the great and powerful this concept means "duty."

You can also consider the question "What is the debit" and from a physical point of view.For example, in the French speech the word was used to mean "consumption."A certain amount of resources (oil, gas, water), which provides power for a certain period of time and there is production rate.Note that the physical concept is spelled differently: through the "and."

Financial definition

Currently, the term "debit" is used quite often, especially in the implementation of the economic action settlement.The modern meaning of the word is fully reflected in the existing banking operations.Under any circumstances where you need to transfer funds from the account of the client, there is a debit, t. E. Write-off of money.

Consider an example.You have decided to pay the service provider for the shipment.Under the agreement, payment may be made by bank check.Supplier goes to the bank and gives security to the competent person.You will receive a message that the amount of "N" rubles was included in the debit account belonging to you.That is, the funds were blocked for further write-offs.

The accounting policies of organizations

What is a debit as the accounting concept?Every organization, regardless of ownership and purpose of the activity is obliged to carry out strictly regulated accounting policies.

As a rule, this type of activity includes work with bilateral tables - accounts.Each of them has its own number and name.However, the whole group of accounts is combined under the generic term "balance sheet".The left side of the table is a "debit".Accounts in the accounting, there are a huge number.Thus, depending on the type of organization only some of them.

«Active" debit

Every account belongs to one of three groups of "Balance Sheet".It can be active, passive or active-passive.In the first category serves as a debit incoming part.For example, the flow of materials from the supplier to the warehouse.In accounting organization of the record (entry) will be as follows:

In this case, the meaning of "debit" as "a reduction that is available" refers to the opponent.That is, the availability of materials decreased from the supplier.And the organization spoke of his debtor.For the balance to be paid under the terms of the transfer of materials, spelled out in the contract.

second option

Also active debit and may take the opposite position.It happens when the account under which the operation is carried out, passive.Consider the following example: the organization took a short-term loan in the amount of 10 thousand currency units.To account for this revenue to the accounts of the organization is determined by the operation.In this case, it is the 90th issue of "Short-term borrowings".

Charged reflected in the cash flow and, in this case, we are interested in larger organizations increased debt to the financial institution.

If the company payscredit, record and appears on the right side.For example, the organization took a short-term loan in the amount of 10 thousand units and contributed money to the account of redemption of its 1000 currency units.Then, the wiring is as follows:

That is, to get a loan from the bank, the company becomes the debtor (it reduced assets of the bank for that amount).In turn, paying off debt, the company performs another function.It lends to a financial institution (it increases the availability of funds).Simultaneously with this process the organization reduces its receivables.Balance is the residue.Calculate the debit account for a certain period of time: monthly, quarterly, annually.

Conclusion Summarizing all the above, we can conclude: what debit?The most important thing - it is receiving record in the balance sheet of an organization.Debit active account means an increase in the amount of materials received, cash and other valuables.Recording these transactions usually begins on the first day and ends on the last day of the reporting month.If the account is passive, the debit indicates decrease in cash of the organization or its increased indebtedness to third parties.As for the active operation here as the selected month period.