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1:34
YouTube
iCPA
Debits and Credits
Why does every accounting transaction affect at least two accounts? In this video, you’ll finally understand debits and credits and how they keep the accounting equation in balance. In this lesson, you’ll learn: What double‑entry accounting is and why every transaction has two sides Why debits and credits don’t always mean “increase ...
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1 month ago
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Accounting 101: debits and credits explained simply 
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Why Debit is written as Dr and Credit as Cr ? | No ‘r’ in debit, so why Dr ? Logic of dr. and cr.
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CA Shrusti
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¿Cómo funciona una tarjeta de débito? 👀💳 Aunque parece básico, muchas personas todavía confunden la tarjeta de débito con la tarjeta de crédito… y no, no son lo mismo. 🚫 La tarjeta de débito usa tu propio dinero: el dinero que ya tienes en tu cuenta bancaria. Pero algo que no todos saben es que no todas las cuentas de débito funcionan igual. 🏦 Algunas solo sirven para recibir, guardar y gastar tu dinero, pero otras pueden darte beneficios adicionales, como generar rendimientos mientras separ
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Replying to @April Mills debits and credits are the fundamental building blocks of accounting and one of the most important topics we cover in intro accounting. The key here is that most people initially think that debits and credits mean something they don’t. All that debit means is “left” and credit means “right”. How they affect specific accounts depends on the account TYPE (asset, liability, equity, revenue, expense). Once you are able to classify accounts by their types I think it should he
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