Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Why are the debit and credit entries (https://www.askmehelpdesk.com/showthread.php?t=44109)

  • Nov 21, 2006, 07:44 AM
    tmwinte
    Why are the debit and credit entries
    Why are the debit and credit entries in the adjustments columns of the work shhet identified with letters?
  • Nov 21, 2006, 03:35 PM
    CaptainForest
    What do you mean?
  • Oct 21, 2012, 11:31 PM
    everettcc
    Each Debit and Credit Adjustments entry is identified by a letter in parenthesis that links it to an adjusting entry recorded or explained earlier in the Trial Balance.
  • Oct 22, 2012, 08:38 AM
    pready
    Debits are known as Dr and Credits are known as Cr.
  • Oct 22, 2012, 01:28 PM
    paraclete
    There has to be some sort of reference system when journals are posted to ledgers

  • All times are GMT -7. The time now is 07:25 AM.