Does Credit mean the increase side of an account?

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1275955

2026-03-16 16:00

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what do you mean by increased side? it depends on which account you are talking. in bookeeping entries of a company a credit on its bank account means money going out the business. in a reserve account it means money being added to the reserves!

If on the other hand you are talking about a bank account (personal) this normally means depositing.

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