The daily debit limit exceeds the limit because the bank card or online banking payment has reached the maximum limit, so the bank card debit limit is displayed. The transaction amount limit refers to the prompt that the transaction amount limit appears on the POS machine or payment page when swiping a card for consumption. The main reasons for this prompt are: the credit limit of the credit card has been used up, the available limit is not enough, and the bank card balance is insufficient; the transaction amount of the card in a certain payment channel has reached the upper limit; when swiping the card for consumption, the bank detected a risky transaction. Therefore, the transaction amount is limited; the customer sets the single transaction limit himself, and will receive this prompt if the limit exceeds the limit.

1. What do debit and credit mean?

Debit can simply be understood as the income of funds; credit can be understood as the expenditure of funds. No matter what kind of loan, a written contract must be formed. For example, when applying for a loan from a bank, the borrower must submit relevant information, including personal identity certificate, bank statements, etc.

Debit and credit are accounting terms in the accounting debit and credit accounting method and have nothing to do with the actual debit and credit. Generally speaking, the debit and credit accounting method requires that if there is a debit, there must be a credit, and the debit and credit must be equal. Therefore, from the perspective of each accounting entry, the debit and credit are equal.

2. Specific expression method of debit and credit

1. Asset account: An increase in the limit is recorded as a debit, expressed as " ", and a decrease in the limit is recorded as a credit, expressed as "-" "express.

2. Equity account: An increase in the limit is recorded as a credit, represented by " ", and a decrease in the limit is recorded as a debit, represented by "-".

3. Cost and expense accounts: An increase in the limit is recorded as a debit, represented by " ", and a decrease in the limit is recorded as a credit, represented by a "-".

4. Income and profit account: an increase in the limit is recorded as a credit, a decrease in the limit is represented by a " " and a debit is represented by a "-".

3. Which one is income and which one is expenditure?

Either debit or credit may be income or expense. The basic structure of a debit account is: the left side is the debit side and the right side is the credit side. However, which side registers an increase and which side registers a decrease must be determined based on the economic content reflected in the account. It can be divided into:

Asset accounts: Increases will be debited, decreases will be credited, and if there is a balance at the end of the period, there will be a debit.

Equity (liabilities and owners' equity) accounts: Increases will be credited, decreases will be debited, and if there is a balance at the end of the period, there will be a credit.

Cost and expense accounts: Increases will be debited, and decreases or write-offs will be credited. Generally, there will be no balance after expenses are carried forward. If there is a balance, it will be debited.

Income and profit accounts: Increases will be credited, and decreases or write-offs will be debited. There should be no balance at the end of the year after the income and profits are carried forward.

Debit and credit are the accounting symbols in the accounting debit and credit accounting method. Regardless of the industry, accounting methods, accounting principles, and accounting rules are the same.

In other words, the loan method is just an accounting method for enterprises.