Such fraudulent demand drafts are usually drawn payable at a distant city without debiting an account.
In this way, the receiving bank account was credited and the debiting account was debited.
Assets and expenses have normal debit balances, i.e., debiting these types of accounts increases them.
One can have a figure for private investment, either debiting or crediting, which in fact has nothing to do with actual development but is purely financial in its character.
This is achieved by dividing the holding into two holdings, one relating to the land developed and the other to the remainder, and debiting the payment against the former.
It is important, however, that technical and legal security are guaranteed, especially with regard to direct debiting.
In the past few days one of them announced a comprehensive debt debiting system as a new project.
He would have had a claim against the bank for wrongly debiting him.
