- This topic has 5 replies, 6 voices, and was last updated 1 year, 7 months ago by
Anahita Gupta.
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- May 10, 2023 at 5:23 pm #2278Neha SinghParticipant
Hi, I am a class 12 commerce student, I have a lot of trouble understanding accounts. Can someone please help explain debits and credits to me or give me some tips for remembering them? I have an exam coming up and I’m really struggling.
May 10, 2023 at 5:25 pm #2279Amardeep KaurParticipantYaar just memorize debit what comes in and credit what goes out. Capital comes in so debit, expense goes out so credit. It’s easy once you get the hang of it
May 10, 2023 at 5:26 pm #2280Divya KhannaParticipantJust remember D for Draw goes to Debit side and C for Credit goes to Credit side for all Assets & Expenses. Meanwhile for Liabilities & Income , remember CD for Credit goes to Debit side and D for Draw goes to Credit side. This helped me a lot
May 10, 2023 at 5:28 pm #2281NeetuParticipantBro Accounts is so boring yaar but you just need to mug up the rules and definitions. Then practice lots of journal entries and ledger accounts, it will become automatic slowly
May 10, 2023 at 5:29 pm #2282James SmithParticipantBruh debits and credits are bullshit yaar, you just need to write what the question says to score marks. Don’t waste your time actually understanding it
May 10, 2023 at 5:30 pm #2283Anahita GuptaParticipantDon’t listen to this guy ^ . Actually understanding debits and credits will help you a ton in further accounting. Focus on the basic concepts, memorize the rules and practice lots of questions. You got this!
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