I was curious about where and how the terms debit and credit come about.
I finally come across a brief explanation of the terms.
The words have Latin origins ie. “debitum” and “creditum”. Pacioli is the name of the Italian monk who wrote about accounting in the 15th century and used these terms.
So they were NOT “debere” or “credere” as I thought they were initially. And the mystery continues ie. who was the inventor of these terms.
Well I learned something new today.