Accounting Tools: Debits and Credits
14 June, 2019
basic bookkeeping, bookkeeping and accounting, bookkeeping book, bookkeeping business, bookkeeping for dummies, bookkeeping services for small business, debit and credit, debits and credits, freelance bookkeeping, mosher bookkeeping, outsource accounting services, outsourced accounting, part time bookkeeping, the bookkeeper
What are Debits and Credits?
Business transactions are events that have a monetary impact on the financial statements of an organization. When accounting for these transactions, we record numbers in two accounts, where the debit column is on the left and the credit column is on the right.
A debit is an accounting entry that ... read more ...