Debit Definition: Meaning and Its Relationship to Credit

All asset accounts such as Cash, Accounts Receivable, Inventory, Prepaid Expenses, Buildings and Equipment normally have debit balances. So do most expense accounts such as Interest, Wages and Rent. The cash account is debited because cash is deposited in the company’s bank account. The credit side of the entry is to the owners’ equity account.[…]

Forex Broker: Definition, Role, Regulation, and Compensation

Content Interactive Brokers Pros and Cons Forex Broker Holding Co Feel free to choose any account type you like! Your formula for success with InstaForex The Forex Market Warning: Only trade with regulated and licensed forex brokers Market maker: Trading is not easy; it requires patience, hard work, skills, and mastering your psychology. On the other[…]