Debit V Credit. When accounting for these transactions, we record numbers. This system of segregating the transactions into debit and credit categories is a very old one.

What is the Difference Between Credit and Debit Cards?
What is the Difference Between Credit and Debit Cards? (Wesley McCormick)
Binbase will tell you whether card is debit or credit based on the first six digits of the card number. Debits and credits form the foundation of the accounting system. The most convenient personal finance app for iPhone, iPad and Mac.

Not all plastic is created equal.

When accounting for these transactions, we record numbers.

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They are the method used to record business transactions, and keep track of assets and liabilities. Update columns [debit] and [credit] for [yyyymm column]. The most convenient personal finance app for iPhone, iPad and Mac.

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