Debit/credit accounting systems

jaz123

Does anyone have any tips for remembering the double entry in the general ledger for the accounting systems?

I am struggling to find a way to remember whether the entry is a debit or credit. I understand the subsidiary accounts and control accounts and normal sales/purchase accounts but does anyone have an easy way of remembering or explanation of this?

My Tutor says PEARLS will help but i am struggling to apply this to the questions. Is it different for the sales ledger and purchase ledger?

I am really struggling so any help in simple terms would be much appreciated!! Thanks in advance.

fournaanjez

Best thing I was taught for double entry was DEAD CLIC.

DEBIT
EXPENSES
ASSETS
DRAWINGS

CREDITS
LIABILITIES
INCOME
CAPITAL

So a debit increases expenses, assets and drawings, with a credit increasing liabilities, income and capital. And vice versa.

Hope this helps.

PeterC

This is good timing! I have just written a tutorial note on this, which I need to test out. Please let me know if the attached notes help.