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  1. debilorrah

    Anyone here good at accounting? I can't figure out this assignment...

    Think of it like you are the BANK. A credit is NOT an addition if you are the bank. A debit is an addition if you are the bank. I is hard to wrap your brain around that concept.... But once done, it becomes easier BY FAR!!!
  2. debilorrah

    Anyone here good at accounting? I can't figure out this assignment...

    The main reason I am not tackling your problem head on is because I deal with finances all day long, government money too, and I am freakin burned out at the end of the day, much less the end of the week. You HAVE to consider debits, credits, assets AND liabilities. They are all four seperate...
  3. debilorrah

    Anyone here good at accounting? I can't figure out this assignment...

    Ok Missy you need to reverse your brain in order to understand accounting. In accounting, a credit is a MINUS and a debit is a PLUS. What everyone is telling you is correct. When you purchase goods for a busines it is a CREDIT to your account. Everything in accounting is backwards from the...
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