Balance-reducing entry Crossword Clue

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Hereby find the answer to the clue " Balance-reducing entry " ,crossword hint that was earlier published on "USA Today".
Please find the answer to the given crossword puzzle below:

Understanding Today's Crossword Puzzle

The clue "Balance-reducing entry" in today's crossword puzzle has the answer "DEBIT".

When looking at the clue "Balance-reducing entry," we can break it down to understand why the answer is "DEBIT". Here's the explanation:

1. Balance: The first keyword in the clue refers to the financial concept of balance. In accounting, the balance represents the total amount of money or value.
2. Reducing: The second keyword suggests that we need to find something that decreases or diminishes the balance.
3. Entry: The final keyword indicates that we are looking for a specific term or transaction that is recorded in financial books or accounts.

Putting these elements together, we determine that the answer must be "DEBIT". Here's the explanation:

• A "DEBIT" is an accounting entry made to decrease the balance of an account.
• When a transaction is recorded as a "DEBIT," it reduces the overall amount or value in the account.
• Therefore, a "Balance-reducing entry" can be accurately described as a "DEBIT" in the world of finance and accounting.

By understanding the keywords and their connection to the answer, we can confidently conclude that "DEBIT" is the correct solution for the given clue. Crossword puzzles often require us to think analytically and consider the specific context of each clue, which leads us to the accurate answer.

Definition of "DEBIT"

an entry recording a sum owed, listed on the left-hand side or column of an account

Example :

a double-entry system of bookkeeping, where each debit has a corresponding credit entry

a further debit of £21 6s 6d had been received from the Locomotive Department

$10,000 was debited from their account

 The Crossword clue "Balance-reducing entry" published 1 time/s & has 1 answer/s. 

Crossword	Date	Answer
USA Today	17 November 2017	DEBIT