Credit Ticket
Definition of 'Credit Ticket'In accounting and bookkeeping, a credit ticket is a transaction that generates a credit in the general ledger. An example of a credit ticket would be a deposit in a bank account which would produce a credit on the general ledger. |
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Investopedia explains 'Credit Ticket'Credit tickets will have offsetting debit tickets, either simultaneously or in the very near future. The deposit in the bank account, for example, could be a payment for the sale of goods, and the offsetting debit would be in accounts receivable. |
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