Feature Articles

Tag Archives: Credit Liabilities Income Capital

Debit and Credit: Simple view of in and out

Debit and Credit sides of T accounts

Accounts are shaped like a T that has a left side called Debit or Dr and a right side called Credit or Cr. Debit means to have, increase, go up or come in and Credit means don’t have, decrease, go down or go out. A simple way to look at …

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