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Rules for Debit and Credit
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Debit and Credit
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Lesson 4:: Rules of Debit and Credit
22:54
YouTubeNitin Goel
Lesson 4:: Rules of Debit and Credit
Rules of Debit and Credit Caption: The rules of debit and credit are fundamental principles of double-entry accounting. Assets are debited to increase them and credited to decrease them, while liabilities are debited to decrease them and credited to increase them. Equity is debited to decrease it and credited to increase it. Revenues are ...
431.2K viewsJul 5, 2018
Debits and Credits Explained
Debits & Credits Explained (Full Example)
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Debits & Credits Explained (Full Example)
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