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.