Complete the sentences with the correct form of the words credit or debit.

1. When you deposit money into your bank, the bank will (1 p.) your account with the deposited amount, increasing your available balance.
2. If you withdraw money from an ATM, the bank will (1 p.) your account, reducing the available balance by the withdrawn amount.
3. Monitoring your account regularly is crucial to ensure it stays in (1 p.) , avoiding potential overdraft fees and penalties.
4. An account is considered in (1 p.) when the number of withdrawals exceeds the deposited funds, indicating a negative balance.
5. (1 p.) represent the funds leaving your account, such as purchases or withdrawals, while (1 p.) signify funds entering, like deposits or transfers.
6. A (1 p.) lends money or provides goods/services on (1 p.) , expecting payment at a later date.
7. A (1 p.) , on the other hand, is an individual or entity that owes money to a (1 p.) , typically through loans or outstanding bills.
8. Proper budgeting and financial planning help individuals avoid becoming (1 p.) and maintain their accounts in (1 p.) .