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-   -   Debit or Credit (https://www.askmehelpdesk.com/showthread.php?t=287821)

  • Dec 3, 2008, 08:24 AM
    angela ford
    Debit or Credit
    If I am writing a check from our checking account, I would debit the checking account and credit accounts receivable correct?
  • Dec 3, 2008, 08:38 AM
    DFK

    Incorrect.
    Funds going out of your chequing account would be a credit.
  • Dec 5, 2008, 12:37 PM
    pready

    You Debit the Account you are making the payment for. Example - Expense Account for the amount of the Check

    Credit Cash for the amount of the Check

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