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ebt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account.

A debtor. [Obs.] Shak.

The act of depriving of bitumen.

To deprive of bitumen.

a contract or promise, express or implied, oral or in writing not under seal. Common or indebitatus assumpsit is brought for the most part on an implied promise. Special assumpsit is founded on an express promise or undertaking. Wharton.

sheet (Bookkeeping), a paper showing the balances of the open accounts of a business, the debit and credit balances footing up equally, if the system of accounts be complete and the balances correctly taken. -- Balance thermometer, a thermometer mounted as a balance so that the movement of the mercurial column changes…

A book kept by a depositor, in which an officer of a bank enters the debits and credits of the depositor's account with the bank.

ngle entry, the method of keeping books by carrying the record of each transaction to the debit or credit of a single account. -- Bookkeeping by double entry, a mode of bookkeeping in which two entries of every transaction are carried to the ledger, one to the Dr., or left hand, side of one account, and the other to t…

To place something to the account of as a debt; to debit, as to charge one with goods. Also, to enter upon the debit side of an account; as, to charge a sum to one.

at the head of the account; also, any one, or the sum, of these items; -- the opposite of debit; as, this sum is carried to one's credit, and that to his debit; A has several credits on the books of B. Bank credit, or Cash credit. See under Cash. -- Bill of credit. See under Bill. -- Letter of credit, a letter or not…

is laid up or preserved; the final book of record in business transactions, in which all debits and credits from the journal, etc., are placed under appropriate heads. [Written also leger.]

The testing of a ledger to discover whether the debits and credits balance, by finding whether the sum of the personal credits increased by the difference between the debit and credit sums in the merchandise and other impersonal accounts equals the sum of personal debits. The equality would not show that the items were…