The indictment charges the conspirators illegally manipulated credits and debits entries in WorldCom's ledgers.
2.
Sullivan allegedly instructed the executives to hide WorldCom's increasing expenses, in part by illegally manipulating credits and debits entries in company ledgers.
3.
Each transaction ( say, of value ?00 ) is recorded by a debit entry of ?00 in one account and a credit entry of ?00 in another account.
4.
For example, the entries in the Sales Journal are taken and a debit entry is made in each customer's account ( showing that the customer now owes us money ), and a credit entry might be made in the account for " Sale of class 2 widgets " ( showing that this activity has generated revenue for us ).
परिभाषा
an accounting entry acknowledging sums that are owing पर्याय: debit,
मोबाइल