Answer (10):

Welcome To England

As long as you had money in the account it would be a debit.

Debit = expenses and assets. A bank account with money in it is an asset.

Kunal

From a bank customer's perspective, when the customer deposits cash into his bank current account (US: checking account), this financial transaction has two aspects: the customer's cash-in-hand (the customer's asset) decreases and the customer's current account balance (the customer's asset) with the bank increases. The decrease in the cash-in-hand asset is the customer's credit while the increase in the asset balance in the bank current account is the customer's debit. souce : wikipedia

Clean Sweep

If you are making a deposit into the bank account it is a debit of your cash and a credit to your bank account. When you withdraw money it is a debit to your bank account and a credit to your cash.

Jamie

Unequivocally it's a debit.

The people saying 'credit' are confusing the fact that the bank refers to it as a credit (because from their side of the transaction it is).

Jerry425

Should be a debit, if it actually has cash in it. If it is a credit, there is some sort of an accounting error.

And...you should really do your own homework.

I'm an accountant. Those saying credit are mistaken.

Reiss

Cash in the bank is always a debit.

If you had an overdraft it would be a credit.

sheikh

it will be debit entryon the trial balance

Ayrilik

Trust me - it's a debit. Please don't listen to anyone saying a credit. Sorry, folks, but you're wrong.

mfoundlarry

credit.......for all you people.......you have a bank statement, if you put money into it, it will show on your statement as credit.
(money being credited to your account)

?

credit