Journal Entries Georgia State University乔治亚州立大学学报.pptVIP

Journal Entries Refresher on… Debits Credits Accounts Debits Credits Debits are the left of the T account. Debits do not mean increase. Debits are not “good” or “bad”. Credits are the right of the T account. Credits do not mean decrease. Credits are not “good” or “bad”. Debits Credits Assets, Exp Liabilities, Equity Dividends Revenues DR CR DR CR Incr. Decr. Decr. Incr. + - - + Dual Skill To do a journal entry, you need to know What accounts are moving/impacted How to classif