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    Danielle98's Avatar
    Danielle98 Posts: 1, Reputation: 1
    New Member
     
    #1

    Sep 15, 2008, 05:53 PM
    Make a journal entry which is debit and which is credit?
    How to make a journal entry what goes under debits and what goes under credits?
    AdamUTsel's Avatar
    AdamUTsel Posts: 100, Reputation: 2
    Junior Member
     
    #2

    Sep 16, 2008, 01:04 PM
    Any account can be a debit or credit in a journal entry. You will have to be more specific.
    DozerOp3's Avatar
    DozerOp3 Posts: 7, Reputation: 0
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    #3

    Sep 21, 2008, 07:11 PM
    The way that I remember how to debit or credit accounts is this:
    Debit Account Credit
    + Asset -
    - Liability +
    - Income +
    - C.S +
    + Equity -

    So, remember ALICE. To increase an asset, you debit it, to decrease it, you credit it. To increase a Liability you credit it.

    CS=common stock
    faizur's Avatar
    faizur Posts: 1, Reputation: 0
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    #4

    Nov 11, 2011, 01:16 AM
    Debit what comes in and credit what goes out
    hema.tally's Avatar
    hema.tally Posts: 1, Reputation: 1
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    #5

    Nov 14, 2011, 03:01 AM
    Make a journal entry which is debit and which is credit?

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