A simple, visual guide to debits and credits and double-entry accounting. Beginners welcome.

Sep 29, 2025 · Demystify debits and credits in accounting with this guide. Learn how these key entries affect assets, liabilities, and equity, with clear examples for each.

Debits and credits in double-entry bookkeeping are entries made in account ledgers to record changes in value resulting from business transactions.

Learn the difference between credits and debits in accounting while getting your hands on a useful cheat sheet to help you along.

Mar 21, 2025 · Debits are recorded on the left side of an accounting journal entry. A credit (CR) increases the balance of a liability, equity, gain, or revenue account and decreases the …

Aug 7, 2025 · Debits increase asset and expense accounts. Credits increase liabilities, equity, and revenue. When money comes into the business or assets grow, you use a debit. When the …

Oct 7, 2025 · This guide gives you the plain‑English version of debits vs. credits, with examples you can hand to a junior on day one and a checklist you can use during close.

This comprehensive explanation teaches the foundational principles of debits and credits in double-entry accounting through a systematic, building-block approach.

Oct 5, 2023 · Debits and credits operate on the principle that any business transaction impacts at least two accounts. One entry recorded as a debit in one account means a credit to another …

Jul 22, 2025 · Whenever an accounting transaction is created, at least two accounts are always impacted, with a debit entry being recorded against one account and a credit entry being …