Clic,dead & Pearl

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hzlgry
hzlgry Registered Posts: 2 New contributor 🐸
in Community connect hub
Hi, does anyone know the words for the initials PEARL? I know CLIC isCredit, Liability, Income, Capital and DEAD is Debit, Expense, Asset, Drawings - but I don't know what PEARL stands for.

Cheers :blushing:

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  • Richard
    Richard Registered Posts: 368 Dedicated contributor 🦉
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    The debit side = Purchase, Expense & Asset

    Credit side = Revenue, Liability & Sale

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