专业英语锤课件（会计专业）.pptVIP

Lesson five Ledger Accounts Debit—— Dr. Credit——Cr. General ledger Subsidiary ledger C5 Double-Entry Accounting “ Double-entry accounting is based on a simple concept: each party in a business transaction will receive something and give something in return. In bookkeeping terms, what is received is a debit and what is given is a credit. The T account is a representation of a scale or balance.” Luca Pacioli Developer of Double-Entry Accounting Scale or Balance Receive DEBIT Give CREDIT T account Left Side Receive DEBIT Right Side Give CREDIT Expanded Accounting Eq