@accountingprofessor: In intro #accounting class, one of the most important and fundamental building blocks is our knowledge of #debits and #credits and how these things impact accounts, journal entries, etc. I encourage students to FIRST think through what TYPE of account we are dealing with and if that account is INCREASING or DECREASING. Then we can apply knowledge of debits and credits. I introduce a helpful acronym to memorize which accounts are normal debit (increase with debits) or normal credit (increase with credits) accounts. #study #unitok #beginner #accountant

Accounting Professor
Accounting Professor
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Friday 02 August 2024 16:10:20 GMT
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poppy.shepard
Poppy Shepard :
Been taking a class and this helped soooo much!! Thanks!
2025-11-12 15:03:06
1
johnleo0107
johnleo0107 :
Debit = use of cash and Credit = source of cash. When an account changes think if you get money e.g., get new debt, sell an asset (=credit) or you pay money: buy PPE, repay debt (=debit).
2024-09-13 06:08:51
0
jaden_and
Jaden :
Why does the normal balance switch depending on which type of type of account we are dealing with?
2025-01-26 05:25:21
0
jovialassets
Jovial Assets :
Why would you add debit into the left column under deal? That’s a bit confusing. You don’t add Credit at the beginning of girls, so I’m not sure the flow there.
2025-09-10 18:16:11
0
themoneyhoneyyy
themoneyhoneyyy :
I just wanna do business administration, but I didn’t realize that this is so hard. I think I’m too stupid for this.😭😭😭
2025-09-16 02:21:49
1
3m1ly.wntr
3m1ly.Wntr :
My daughter’s professor doesn’t allow them to use computers or anything like that in his principles of accounting class, is that normal?
2025-08-26 18:04:26
1
xlisabb
Lisaaxx :
Nothing anyone says will make me understand
2025-07-10 02:04:13
0
ambiguousmusings
Laura :
You explained it really well.
2025-08-12 11:53:51
1
ajsholiday
Alexandra 🍒 :
Do you recommend taking AP1 if we didnt take college algebra? Taking the clep to exempt but everyone is saying AP1 is hard lol. Computer Science major
2025-04-24 04:26:57
0
pdog2021
p-dog :
ADE LCRR is superior
2024-09-22 04:28:38
0
justdamarisss
Damaris :
Taking accounting 1 and I’m dying
2025-03-02 08:01:26
2
brewtoones
brewtoones :
dr - money to cr - money from ; vise versa has helped me conceptualize it
2024-09-19 03:31:10
0
not.dallasskintherapist
No one important :
THANK YOU I AM STRUGGLING
2024-09-06 22:12:16
146
lavishways
Lavish Ways :
I struggle because I worked in banking for 10 yrs and now in accounting 🤦🏽‍♀️
2024-09-16 02:38:52
0
jzjzone
Jason :
I understand what it increases and decreases, but what IS debit and credit? is it just a way to describe a transaction?
2024-09-20 10:45:55
0
kieran_f2
kieran_f21 :
I was taught Dead Clic debit. credit expense. liability asset. income drawing. capital
2024-10-29 08:30:19
4
courtneystod24
CourtneyStod24 :
Can you explain “non-current WIP”?
2025-01-28 14:18:12
0
jcankid
Foster :
When you credit inventory with a sale do you then debit cash?
2024-11-18 18:28:03
0
hoosiertown
Chip :
How about that governmental/non-profit accounting. It’s totally confusing. 😆
2024-09-20 00:50:07
0
idmah.j
💚IDMAH J🩵🇺🇸🦅 :
Your efforts in helping strangers are really appreciated!🙏
2025-10-09 16:30:41
1
dalilahlala444
Dalilah :
Can you explain what's better, BS acoounting or BBA in accounting?
2024-11-21 16:29:39
0
tsungidrey
drey mudangwe :
So helpful, thank you
2025-09-05 15:46:40
1
kaqasmemoirs
KALU ELIGHT :
What is the difference between an Asset & a Gain? can't accounts receivable be classified as a GAIN?
2024-10-03 08:37:28
70
leslie.eyre
Leslie Eyre :
thank you
2025-09-23 14:00:03
1
maricelagutierre2
Maricela Gutierrez :
Do you have YouTube videos?
2024-08-06 04:05:25
2
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