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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
Accounting Topic InClass Exercise
What is the DebitCredit Rule?
ALORE
DR CR CR CR DR
darrALORE
CR DRDR DR CR
tableASSETSLIABILIMES,EQUITIEStableDebitforIncreasetableCreditforDecreasetableDebitforDecreasetableCreditforIncreasetableDebitforDecreasetableCreditforIncrease
tableAccount Name,tableElementAsset Liability, OwnersEquity Revenue or ExpenseIncreasing ortableDebit orCreditPurchasesIncreasing,Accounts Payable,,Increasing,Cash at Bank,,Decreasing,Discount Received,,Increasing,Rent Expenses,,Increasing,Computer Equipment,,Decreasing,Accounts Payable,,Increasing,Capital
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