konto parem pool, millele tehtud kirjendite summa võrra vara konto saldo väheneb ning kohustise ja omakapitali saldo suureneb
the right side of the account, on which the balance of the asset account decreases and the balance of liability and equity increases by the amount of the entries made
Konto kreedit paikneb alati paremal, kuid tema tähendus oleneb sellest, kas on tegemist bilansi varakirjetele või kohustistele ja omakapitalile avatud kirjetega. Alati konto kreeditis suurenevad kohustised, omakapital ja tulu(d) ning ning väheneb vara.
The terms "debit" and "credit" both have Latin roots. The term debit comes from the word debitum, meaning "what is due." Credit is derived from creditum, defined as "something entrusted to another or a loan." Debit and credit signify actual accounting functions, both of which cause increases and decreases in accounts depending on the type of account. Simply using "increase" and "decrease" to signify changes to accounts won't work. An increase in liabilities is a credit side because it signifies an amount that someone has loaned to you and which you used to purchase something (the cause of the corresponding debit in the assets account).
