How about some light-hearted fare today?
The words “debits” and “credits” can be used in many different parts of speech. Here is a table I created with examples using “debit.”
Part of Speech | Example |
Noun (subject) | The debit raised the balance in the cash account. |
Noun (object) | The liability account needs more debits. |
Noun (object of preposition) | The reconciliation is off because of a problem with the debits. |
Verb (infinitive) | To debit the cash account is to raise its balance. |
Verb (transitive) | The accounting software debited the checking account $200. |
Adjective | Asset accounts normally have debit balances. |
What about as an intransitive verb? Here is what it might look like:
The accountant debited happily.
LOL I laughed when I wrote that. Is it correct usage? I think so. And it could be true, right? After all, we could debit happily when we make journal entries (and credit, of course).
I am not a grammar expert, but I wonder if other words can be used in so many different parts of speech as we see here.