Debit Definition

In double-entry bookkeeping, a debit is made on the left side of an account. It increases certain accounts and decreases others.

Debit Extended Definition
Debits increase asset and expense accounts. Debits also decrease liability, equity, and revenue accounts. You record debits on the left side of accounts and credits on the right side.

Debits are the opposite of credits. Debits help you balance your accounting books.