📊 Debit & Credit in Accounting – Simplified

 📊 Debit & Credit in Accounting – Simplified

✨ Understanding the basics of debit and credit is the foundation of accounting. This table provides a clear view of how different account types behave in terms of normal balance, increases, and decreases.

Debit & Credit in Accounting – Simplified

✅ Assets, Expenses, Dividends & Losses → Normal Balance: Debit
✅ Liabilities, Capital, Revenue & Gains → Normal Balance: Credit

👉 Mastering these concepts ensures accuracy in bookkeeping and strengthens financial reporting.

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