ABSTRACT
No, it is inappropriate and misleading to suggest a debit to an account
represents a good or a bad thing. It is true that a debit to the cash or bank
account may be seen as beneficial as it signifies that an inflow of money
has occurred, however, a debit to an expense account signifies an increase
in the expense account and not many businesses would regard an increase
in an expense as beneficial. We can conclude that we can only say that a
debit to an account is a good thing if we know what type of account we are
talking about.
