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Accounting - Topic 6 - In - Class Exercise What is the Debit / Credit Rule? ALORE DR CR CR CR DR darrALORE CR DRDR

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Accounting - Topic 6-In-Class Exercise
What is the Debit/Credit Rule?
ALORE
DR CR CR CR DR
darrALORE
CR DRDR DR CR
\table[[ASSETS,LIABILIMES,EQUITIES],[\table[[Debit],[for],[Increase]],\table[[Credit],[for],[Decrease]],\table[[Debit],[for],[Decrease]],\table[[Credit],[for],[Increase]],\table[[Debit],[for],[Decrease]],\table[[Credit],[for],[Increase]]]]
\table[[Account Name,\table[[Element],[Asset, Liability, Owners],[Equity, Revenue or Expense]],Increasing or,\table[[Debit or],[Credit]]],[Purchases,,Increasing,],[Accounts Payable,,Increasing,],[Cash at Bank,,Decreasing,],[Discount Received,,Increasing,],[Rent Expenses,,Increasing,],[Computer Equipment,,Decreasing,],[Accounts Payable,,Increasing,],[Capital,,,]]
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