Why would certain amounts appear in the debit and others in the credit column of the bank statement
Certain amounts may appear in the debit column of the bank statement because they represent withdrawals or deductions from the account. These could include payments made to vendors, ATM withdrawals, or service charges levied by the bank.
On the other hand, certain amounts may appear in the credit column of the bank statement because they represent deposits or additions to the account. These could include salary deposits, customer payments or refunds, interest earned on the account, or any other funds deposited into the account.
The specific categorization of amounts as debit or credit in the bank statement depends on the nature of the transaction and how it affects the account balance.