When to use debits & when to use credits? In order to understand debits & credits, you need to understand the big picture too of accounting and the reports.
This videos explains the Income Statement and the Balance Sheet and how Debits & Credits fit in. Plus, I have a secret cheatsheet and process for always knowing when to debit and when to credit accounts!
Want the accounting cheatsheet? Let me know below in the comments!
Need help organizing or catching up your accounting and taxes? The free business spreadsheet template has a basic accounting worksheet, quarterly taxes and end-of-year tax total worksheet.
Get it here: www.amandaruss...
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29 сен 2024