Bookkeeping Transactions
ebarr
Registered Posts: 1 New contributor 🐸
Hi,
Does anybody have a SIMPLE way of helping me remember how to do double entry with debits and credits? I CANNOT get this in my head and its starting to drive me nuts. I have read countless things online and nothing is helping, I'm never going to pass this first exam :'(
Does anybody have a SIMPLE way of helping me remember how to do double entry with debits and credits? I CANNOT get this in my head and its starting to drive me nuts. I have read countless things online and nothing is helping, I'm never going to pass this first exam :'(
0
Comments
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You need to remember DEAD CLIC (Debits increases Expenses Assets Drawings, Credits increases Liabilities Income Capital), which is a basic part of the Book-Keeping Transactions module. If you have not, I recommend you purchase/study the Kaplan learning materials.1
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Try this link https://docs.google.com/document/d/1icNhvz1m0pMF3CF_oVZfQAo36QBn2qmxmiWndjFECYg/edit?usp=sharing
and look for "Debit and credit"1
