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Understanding Today's Crossword Puzzle
In today's crossword puzzle, the clue provided is "Subtract." The answer for this clue is "DEBIT."
The clue "Subtract" hints at a mathematical operation involving the removal or deduction of a certain quantity from a larger total. In the world of accounting and finance, the term "debit" is commonly associated with subtracting or reducing the balance in an account.
Here's a detailed explanation of why the answer "DEBIT" is a fitting match for the clue:
- Financial transactions: In accounting, debit and credit are two fundamental terms used to record financial transactions. When a transaction involves a decrease or subtraction from an account balance, the entry is recorded as a debit.
- Banking: When we subtract money from our bank account, we often refer to it as debiting the account. This usage corresponds directly to the clue "Subtract."
- Double-entry bookkeeping: In the system of double-entry bookkeeping, every transaction has an equal debit and credit entry. Debit records the subtraction or decrease in an account, while credit records the addition or increase. The clue "Subtract" emphasizes the relevant aspect of reducing an account balance, making "DEBIT" the correct answer here.
- Accounting terminology: The term "debit" is specifically associated with the left side of a ledger account, representing a decrease or reduction in the balance.
Considering the connection between the clue "Subtract" and the definition of "debit" in financial and accounting contexts, it becomes evident why the answer "DEBIT" is the most appropriate solution to this crossword puzzle clue.
More Answers:
- DEBIT
- DEDUCT
- TAKE AWAY
- TAKEAWAY
- MINUS
- TROOPER
- TAKE
- REMOVE
Definition of "DEBIT"
an entry recording a sum owed, listed on the left-hand side or column of an account
Example :The Crossword clue "Subtract" published 130 time/s & has 8 answer/s.
Crossword | Date | Answer |
Mirror quick | 6 March 2024 | DEBIT |
Penny dell | 3 January 2024 | DEDUCT |
Mirror classic | 16 November 2023 | DEDUCT |
Daily Quick | 29 September 2023 | TAKE AWAY |
Lovatts Universal | 22 August 2023 | DEDUCT |
The Irish Independent Simple | 7 August 2023 | DEDUCT |
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