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    Debits and Credits

    Uploaded by

    ellyzamae quirao

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    © All Rights Reserved
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    Debits and Credits

    Uploaded by

    ellyzamae quirao
    12 views1 page

    Copyright

    © © All Rights Reserved

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    Copyright:

    © All Rights Reserved
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    12 views1 page

    Debits and Credits

    Uploaded by

    ellyzamae quirao

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Download as pdf
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    Nya Maw D- Quirao OeGITS Ano CREOITS PROUESE Op recording, cummarUng, Arciypird) ~ commnricanirg business eveat, Lp serving wi ~ forevey den? due 18 o ceabt conpany’s neh worth = eo simple eany = Tdebit, 1 creat} = Company's earns PERRET = conpny@ cerns = js We por eyey harsachon, yu vd haw fe ake oT and lathe top Of it Write He account Ffie ana Cneler TF would be He Dr and Oe [Liability > when DEA iaortase record it in Or @ if Ws decnase, Equity __yetord i+ in Gr white LER if # inurease retard i i Revenue, Cr und if decrease reorel tin Or. < debit 1g alays equal te cretit Assets = Liability + 2quity em» Orauing+ Expemestacsets = Liavilityt Ey Pr Or tr Gr: & Each Hortaction affeuts at least fo acvouns, sk Left side or Debit Side, kight olde on Crug wide Use, T-Aocount for example . > wags eae 360K a transaction, Know where — : Is the acoowt, the 98K a - amoutt, ig its debit = or elit.

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