Credits' Counterparts 7 Little Words Puzzle Answer from November 02, 2024
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Updated Nov 02, 2024
Credits' Counterparts 7 Little Words Crossword Clue Answer
Let’s find the answers to Credits' Counterparts 7 Little Words for the November 02, 2024 edition of 7 Little Words crossword puzzle. Answer Contains 6 letters. Start with D and end with S, and the possible solutions are DACHAS, DAGGAS, DEBITS.
The answer is DEBITS.
"Credits' Counterparts" refers to "DEBITS," which are the opposite entries in financial accounting. In a double-entry bookkeeping system, credits increase assets or income accounts, while debits represent decreases in those same accounts or increases in liabilities and expenses. The relationship between credits and debits is fundamental to maintaining balanced financial records, as every credit entry must have a corresponding debit entry. This balance ensures accuracy in tracking financial transactions and managing accounts effectively.
The answer “DEBITS” highlights this essential concept in accounting, emphasizing the interplay between positive and negative entries in financial management. Understanding credits and debits is crucial for anyone involved in finance, accounting, or budgeting.
This clue last seen in 7 Little Words Crossword Puzzle on November 02, 2024. You can also get all other 7 Little Words's Crossword clues hints and answers here.
