Learn Debits And Credits Today: Accounting Play
What are Debits and Credits?
Debits and credits are the two sides of an accounting entry. A debit is an entry on the left side of an account, and a credit is an entry on the right side of an account. Debits and credits are used to track the flow of money and other assets through a business.
4.2 out of 5
Language | : | English |
File size | : | 2901 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 50 pages |
Lending | : | Enabled |
The Basic Rule of Debits and Credits
The basic rule of debits and credits is that debits must equal credits. This means that for every debit entry, there must be a corresponding credit entry. For example, if you deposit $100 into your checking account, you would debit your checking account for $100 and credit your cash account for $100.
Using Debits and Credits to Track Financial Transactions
Debits and credits can be used to track all types of financial transactions, including:
- Sales
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- Receipts
- Payments
- Adjustments
By using debits and credits to track your financial transactions, you can keep track of your income, expenses, and assets. This information can be used to make informed decisions about your business.
Learn Debits And Credits Today: Accounting Play
Learn Debits And Credits Today: Accounting Play is the perfect book for anyone who wants to learn the basics of accounting. This book provides a step-by-step guide to understanding debits and credits, and how to use them to track your financial transactions.
Learn Debits And Credits Today: Accounting Play is written in a clear and concise style, and it is packed with examples and exercises. This book is perfect for beginners, and it can also be a valuable resource for experienced accountants.
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Free Download your copy of Learn Debits And Credits Today: Accounting Play today and start learning the basics of accounting!
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4.2 out of 5
Language | : | English |
File size | : | 2901 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 50 pages |
Lending | : | Enabled |
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4.2 out of 5
Language | : | English |
File size | : | 2901 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 50 pages |
Lending | : | Enabled |