DEBITS AND CREDITS - The Secret
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All Comments (19)
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i was confuse in expense but after i read your note i was enlighten ahahaha that's right "debit decreases net income", this frame work is great for me ahahahaha :)
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Hi, yes very good advice on a basic approach sometimes keeping it simple really does work, however it is not just the software tools that is important it is the understanding and having the knowledge to use the different versions
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thank you
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EXTREMELY Helpful...THAnKS!
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Awesome! The best explanations I've seen yet. Thanks a lot.
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Itz a good trick I think!!! Thanks
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I always love to hear about debits and credits. Nice words.
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Great video. Thank your for simplifying this for me.
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thank u very much !!! it's very helpful !!!!
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For anyone who might be confused: A DEBIT INCREASES AN EXPENSE ACCOUNT. You could also say this in another way: A DEBIT DECREASES NET INCOME. These two sentences are both correct.
The mental framework that is presented in this video is based on the second expression.
AccountingWITT 5 months ago 5