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Why are debit cards called debit cards? - Is the accounting term used correctly? What does debit mean? What does credit mean? - What would

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Why are debit cards called debit cards? - Is the accounting term used correctly? What does debit mean? What does credit mean? - What would the accounting entry be to record an ATM withdrawal by you of $200 recorded on the bank's books? - What would the accounting entry be on your books if you use your company debit card to purchase $100 of office supplies? - Does it make sense

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