@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
Been taking a class and this helped soooo much!! Thanks!
2025-11-12 15:03:06
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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
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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
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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
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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
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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
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Lisaaxx :
Nothing anyone says will make me understand
2025-07-10 02:04:13
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Laura :
You explained it really well.
2025-08-12 11:53:51
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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
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p-dog :
ADE LCRR is superior
2024-09-22 04:28:38
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Damaris :
Taking accounting 1 and I’m dying
2025-03-02 08:01:26
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brewtoones :
dr - money to cr - money from ; vise versa has helped me conceptualize it
2024-09-19 03:31:10
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No one important :
THANK YOU I AM STRUGGLING
2024-09-06 22:12:16
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Lavish Ways :
I struggle because I worked in banking for 10 yrs and now in accounting 🤦🏽♀️
2024-09-16 02:38:52
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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
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kieran_f21 :
I was taught Dead Clic
debit. credit
expense. liability
asset. income
drawing. capital
2024-10-29 08:30:19
4
CourtneyStod24 :
Can you explain “non-current WIP”?
2025-01-28 14:18:12
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Foster :
When you credit inventory with a sale do you then debit cash?
2024-11-18 18:28:03
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Chip :
How about that governmental/non-profit accounting. It’s totally confusing. 😆
2024-09-20 00:50:07
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💚IDMAH J🩵🇺🇸🦅 :
Your efforts in helping strangers are really appreciated!🙏
2025-10-09 16:30:41
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Dalilah :
Can you explain what's better, BS acoounting or BBA in accounting?
2024-11-21 16:29:39
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drey mudangwe :
So helpful, thank you
2025-09-05 15:46:40
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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 :
thank you
2025-09-23 14:00:03
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Maricela Gutierrez :
Do you have YouTube videos?
2024-08-06 04:05:25
2
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