Cash is King: An Easy Way to Understand Debits and Credits
GSTF Journal on Business Review
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Title |
Cash is King: An Easy Way to Understand Debits and Credits
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Creator |
Fang, Jianing
Slavin, Nathan S. |
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Subject |
double-entry accounting system, basic accounting equation, accrual accounting, debits and credits
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Description |
In Accounting, it is a well-known problem that many students often have difficulty in deciding whether to debit or credit an account to increase its balance. After practicing and teaching Accounting for more than forty years, the authors have developed a simple, practical and fault-proof method of handling debits and credits--the Cash is King method. Ten representative examples are provided to demonstrate how to use the Cash is King Method to assist the students handle debits and credits and guide them in recording all accounting transactions correctly.
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Publisher |
GSTF Journal on Business Review (GBR)
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Contributor |
—
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Date |
2015-09-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://dl6.globalstf.org/index.php/gbr/article/view/1342
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Source |
GSTF Journal on Business Review (GBR); Vol 4, No 1 (2015): Journal on Business Review
ISSN: 2251-2888 2010-4804 |
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Language |
eng
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Relation |
http://dl6.globalstf.org/index.php/gbr/article/view/1342/1355
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Rights |
Copyright (c) 2017 GSTF Journal on Business Review (GBR)
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