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For example, a consumer's account is electronically debited for $200 without the consumer's authorization and by means other than the consumer's access device.
From Thursday, the capital's 8,500 buses will accept the new cards, which can be debited for a journey by waving them over the yellow Oyster card reader by the driver's compartment.
When the subscription option is introduced users will most likely have to supply their credit card details once, and then will be debited for small payments as they select programmes.
After you have exhausted your $50, you will be debited for any subsequent printing and term billed on a monthly basis for any printing debts of $1.00 or more for the month in question.
A transfer from the consumer's account resulting from a debit-card transaction at a merchant location, even if no electronic terminal is involved at the time of the transaction, if the consumer's asset account is subsequently debited for the amount of the transfer.
Then, 10 minutes later, the customers' bank accounts are automatically debited for the amount they spent.
Similar(49)
To write off the account, the seller debits Allowance for Doubtful Accounts for $100 and credits Accounts Receivable for $100.
The farmer debits Cash for $12,000 (the actual amount received), and debits PFC for $2000 and Grain Obligation for $10,000 to close the account balances.
Company B debits Building for $120,000 and credits Lease Payable, a long-term liability account, for $120,000.
The lessor would debit Cash for $1000 to reflect the cash receipt.
People have paid utilities bills by direct debit for years.
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CEO of Professional Science Editing for Scientists @ prosciediting.com