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    angela ford's Avatar
    angela ford Posts: 1, Reputation: 1
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    #1

    Dec 3, 2008, 08:24 AM
    Debit or Credit
    If I am writing a check from our checking account, I would debit the checking account and credit accounts receivable correct?
    DFK's Avatar
    DFK Posts: 14, Reputation: 1
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    #2

    Dec 3, 2008, 08:38 AM

    Incorrect.
    Funds going out of your chequing account would be a credit.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #3

    Dec 5, 2008, 12:37 PM

    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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