How do I know what to put in debit or credit on a t_account? That is the only thing messing me up right now.

Normally, assets, exxpense and dividends are on debit side ( to increase) and the rests are on the credit side(liabilities, shareholders' equity ( Commonshare, prefershare, contribution surplus)...

There are three parts to a T-Account

1. The Top of the T is for the Tor name of the Account

2. The Left side of the T is for your Debits

3. The Right side of the T is for your Credits

The Accounts that have a normal Debit balance are: Expenses, Assets, and Dividends

The Accounts that have a normal Credit balance are: Urnearned Revenues, Revenues, Liabilities, and Shareholder Equity accounts