Consider the terms debit memo and credit memo, which are often found on bank statements:

$1.$ From the bank's perspective, what do the terms debit and credit mean as they pertain to your account balance?

$2.$ From your perspective as the accountholder, what do the terms debit and credit mean as they pertain to your account balance?

$3.$ Is a debit at the bank entered as a debit in your books $($and a credit entered as a credit in your books$)?$ Explain.