Material Detail

Credit vs Debit - What's the Difference? The double entry accounting system is based on the concept of debits and credits. Learn what accounts use both.

Contents :

1 Debit vs Credit – What’s the Difference? 2 Debit and Credit Accounts and Their Balances

2.1 Assets 2.2 Liabilities 2.3 Equity Accounts 2.4 Contra Accounts

3 Credit vs Debit Examples

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