In accounting, accounts are set up to look like a “T”. In a “T” account – amounts entered on the debit side (left hand side of the T account) are called debits and amounts on the credit side (right-hand side) are called credits.
To debit means to make an entity in the left-hand side of an account and To credit means to make an entry in the right-hand side of an account.
Important point! The words debit and credit have no other meaning in accounting. Most people think a debit and credit as a positive or a negative. They are not either.