Rules of Debit and Credit

Video Link: https://youtu.be/mRtGoQ9PIZQ

In this video, I have explained:

1) Accounting Cycle

2) Account

3) Meaning of debit and credit

4) Rules of debit and credit and

5) Analysis of transaction i.e. how to determine which account is debited and which account is credited.

Exercise Files
Accounting Cycle, Account and Rules of Debit and Credit (pdf)
252.75 KB
Analysis Solutions (pdf)
275.39 KB