FOR BEGINNERS!!!
JOURNAL ENTRY PART 1!! WITH SAMPLE PROBLEMS!!
Debit Normal balance
D.E.A.D
Debit
Expenses
Asset
Dividends / Drawings
Credit Normal Balance
C.L.E.R
Credit
Liabilities
Equity
Revenue
*Correction: To BE debited and Credited
If you have any questions/clarifications or topics that you want to discuss, just comment below. Thank you so much! God bless!!
BASIC ACCOUNTING EQUATION - • Accounting Equation with Examples | Basic ...
EXPANDED ACCOUNTING EQUATION - • Expanded Accounting Equation | Basic Accou...
DEBIT and CREDIT - • DEBIT and CREDIT | Basic Accounting Tutorial
#cpa #accounting #accountingjourney #basicaccounting #roadtoCPA