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An accounting entry that results in either an increase in assets or a decrease in liabilities.

A debit is an accounting entry that either increases an asset or expense account or decreases a liability or equity account. It is positioned on the left side in an accounting entry. In the context of cryptocurrencies, a debit may refer to the increase of cryptocurrencies in a wallet or a decrease in liabilities related to digital assets.


Recording a debit in an accounting ledger for a Bitcoin payment received.


General Accounting
Crypto Accounting
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