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Credit's opposite LA Times Crossword Clue Puzzle Answer from June 17, 2024
by Abisha
Updated Jun 17, 2024
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Credit's opposite LA Times Crossword Clue Answer
Let’s find the answers to Credit's opposite LA Times for the June 17, 2024 edition of LA Times crossword puzzle. Answer Contains 5 letters. Start with D and end with T, and the possible solutions are DEALT,DOUBT,DEBIT.
Here is the right answer to the crossword clue Credit's opposite featured in the LA Times puzzle. The correct answer to this clue is DEBIT.
The opposite of "credit" in financial terms is "DEBIT." In accounting and banking, "credit" refers to an entry made on the right side of an account, indicating an increase in funds or a positive balance. It represents money received or amounts owed to a person or organization.
Conversely, "DEBIT" refers to an entry made on the left side of an account, indicating a decrease in funds or a negative balance. It represents money spent or amounts owed by a person or organization. In summary, "DEBIT" is the correct answer that signifies the opposite of "credit" in financial terms, representing a decrease in funds or a negative balance in accounting and banking contexts.
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