UK Accounting Glossary
Entries in the credit column of a ledger account represent increases in liabilities, increases in ownership interest, revenue, or decreases in assets.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Credit (bookkeeping system) are sourced/syndicated from:
This glossary post was last updated: 23rd December 2018.