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    tmwinte's Avatar
    tmwinte Posts: 1, Reputation: 1
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    #1

    Nov 21, 2006, 07:44 AM
    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?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Nov 21, 2006, 03:35 PM
    What do you mean?
    everettcc's Avatar
    everettcc Posts: 1, Reputation: 1
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    #3

    Oct 21, 2012, 11:31 PM
    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.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #4

    Oct 22, 2012, 08:38 AM
    Debits are known as Dr and Credits are known as Cr.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #5

    Oct 22, 2012, 01:28 PM
    There has to be some sort of reference system when journals are posted to ledgers
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