Home For AAT student members AQ 2016 Advanced Diploma in Accounting Advanced Bookkeeping
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Double Entry Made Easy

Hi Everyone

Please watch, like and share with anyone who struggles to understand double entry. Please don't forget to subscribe to the channel.


  • PeterCPeterC Registered, Tutor Posts: 150
    I think it's actually even simpler than that. If you use double-entry bookkeeping to record accounting transactions, then two entries are made for each transaction. This helps when checking the accuracy of the data recording.

    One entry in the books of account is called the Debit entry, the other is the Credit entry.

    The Credit shows where money or value has come from. The Debit shows what has been done with it.

    • Cash from the bank (credit Bank) goes to pay staff (debit Wages)
    • Loan from a supplier (credit Supplier) goes to buy goods on credit (debit Purchases)

    There are more examples at:
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