What is another word for credit side?

Pronunciation: [kɹˈɛdɪt sˈa͡ɪd] (IPA)

When accounting, the term "credit side" refers to the right-hand column of an account. Synonyms for this term include the "receipt side," "income side," and "positive side." These terms all convey the same meaning, identifying the side of an account where money is received or credited. The opposite side of this is the "debit side," which is the left-hand column, and this is where money is spent or deducted. Understanding these basic terms is essential for bookkeeping and budgetary management, as it provides a straightforward approach to representing the financial activity in an account. Regardless of the synonym employed, the credit side is an essential part of ensuring that accounts are consistent and balanced.

Synonyms for Credit side:

What are the hypernyms for Credit side?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Credit side?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Famous quotes with Credit side

  • Our losses should frequently be put on the credit side.
    Elizabeth Bibesco
  • These facts are all on the credit side of the proposition that the Jew is a good and orderly citizen. Summed up, they certify that he is quiet, peaceable, industrious, unaddicted to high crimes and brutal dispositions; that his family life is commendable; that he is not a burden upon public charities; that he is not a beggar; that in benevolence he is above the reach of competition. These are the very quintessentials of good citizenship.
    Mark Twain

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Related questions:

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