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Debits’ opposites in a ledger Crossword Clue

Here's the answer for Debits opposites in a ledger Newsday Crossword Clue from July 23, 2024 Newsday Crossword. Answers for Debits opposites in a ledger crossword clue, 7 is CREDITS.

by Thamizhalagi

Updated Jul 23, 2024

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Debits’ opposites in a ledger Crossword Clue

Debits’ opposites in a ledger Crossword Clue Newsday Answer is….

CREDITS

The clue "Debits’ opposites in a ledger" refers to "CREDITS," which are the entries in accounting that balance out debits. In a financial ledger, debits and credits are used to record transactions and ensure that the accounting equation (Assets = Liabilities + Equity) remains balanced. Debits typically represent increases in assets or expenses, while credits represent increases in liabilities, equity, or revenue. Understanding the relationship between debits and credits is fundamental to accurate financial record-keeping.

Newsday Crossword

The Newsday crossword puzzle is a daily feature known for its challenging clues and wide-ranging themes. Created by top puzzle constructors, it spans a variety of difficulty levels from Monday (easiest) to Saturday (most challenging). Each puzzle typically consists of a grid with black and white squares, where solvers must fill in words based on both straightforward definitions and more cryptic wordplay.

Themes can range from puns and wordplay to cultural references or historical events, providing a diverse array of challenges for enthusiasts. The puzzle often includes a mix of common vocabulary and more obscure terms, catering to a wide audience of solvers. Newsday's crossword puzzles are a popular choice for those looking to test their word skills and enjoy a mental workout with each new edition.



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