account is in debit vs account is in deduct

The correct phrase is 'account is in debit.' 'Account is in deduct' is not a common or correct phrase in English. 'Debit' is the correct term used to indicate that an account has a negative balance.

Last updated: March 15, 2024 • 671 views

account is in debit

This phrase is correct and commonly used in accounting to indicate that an account has a negative balance.

This phrase is used in accounting to describe a situation where the account balance is negative, meaning more money has been spent than is available.

Examples:

The account is in debit by $500.
Her account is in debit due to overspending.
Please check why the account is in debit.
The company's account is in debit this month.
Being in debit means you owe money.

Show examples from the web [+]

1An entry recording a sum owed, listed on the left-hand side or column of an account: a double-entry system of bookkeeping, where each debit has a ...
(Of an account) show a net balance of money owed to others:. Meaning, pronunciation and example sentences, English to English reference content.
... balance changes to a debit amount (that is, an amount you owe the ATO). GIC is calculated on a daily compounding basis for each day the account is in debit.
Read about the benefits you are getting from your Direct Debit with EDF Energy.

Alternatives:

account has a negative balance
account is in the red
account is overdrawn
account is in deficit
account shows a negative amount

account is in deduct

This phrase is not correct in English. 'Deduct' is a verb meaning to subtract or take away, not a state of having a negative balance in an account.

What Our Customers Are Saying

Our customers love us! We have an average rating of 4.79 stars based on 283,125 votes.
Also check out our 2,100+ reviews on TrustPilot (4.9).

"Thank you!"
Sachi Nakama July 2024
"I have literally been through chat, PI, claude, bard and bing and I got conflicting answers! Thank you! Human intelligence reigns!"
Retha July 2024
"Faster than AI"
CYNTHIA December 2023
"This was very helpful and I personally think this site is the best."
Kaden October 2023
"It was extremely thorough and very helpful!"
imperialelisa October 2023
"7 years without any disappointment. Always 100% satisfied. You guys are the best in the world at what you do. Thank you so much :)"
Zubair Alam October 2023
"In a world of text messages and online communication, this is great to have as a live tool. Thank you."
Selena October 2023
"Without textranch I would be stuck!"
宏祐 October 2023
"Accuracy and fast response. Personal comments from editor. Thank you."
Clh September 2023
"I wasn't aware of this service, it's fascinating and more reliable than standard IA tools available on the internet"
Arturo September 2023
"The fact that you can get reliable fast feedback on your texts."
Vinicius Antonio August 2023
"you guys are better than grammarly i'm being honest here"
ordinary July 2023
"OMG! This is really good than any other text correction tools I've used so far. Highly recommend this."
Vehan July 2023
"Very fast and accurate. thank you."
mojtaba July 2023
"I love this app because it's help to writing skills all of students ♥️"
Tarisini July 2023
"This was exactly the mistake I was looking for, the wording dind´t sound right at first. Better than grammarly!"
Ente July 2023
"The immediate help that I received was reassuring and very satisfactory. Thanks."
priiiyanshuu July 2023
"this helps A LOT for my studies."
kathnunez02 June 2023
"Woow!! I would never have expected such precision! Thank you soooo much!!"
Berta June 2023
"Real Time Editor and not AI. Many Thanks."
Priya June 2023
"The very first thing excites me about Textranch is how much your editors care."
sepideh June 2023
"The fact that texts are checked by human editors rather than by AI, etc. I appreciate this!"
Анна June 2023
"Feel welcome, immediate response, high quality feedback"
martin.roy June 2023
"This is the best app that I have ever seen"
Burulai May 2023

account is in debit vs account is in deduct