credit side

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Definitions from WordNet

Noun credit side has 1 sense

credit side - account of payments received; usually the right side of a financial statement
--₁ is a kind of accounting, accounting system, method of accounting

Definitions from the Web

Credit Side

Definition: The side of an account in double-entry bookkeeping that represents the increase or addition of assets, income, or equity.

Example:

Sense 1: In the company's balance sheet, the credit side shows the total amount of money received from customers.
Sense 2: When recording a sale, the credit side of the ledger will reflect the increase in revenue.
Sense 3: The credit side of an individual's bank statement displays all deposits made during the month.

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