
- UID
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- 2011-7-11
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- 2013-8-21
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Ok, let me make this a bit easier.
On the "T Account" the left side is debit and the right side is credit.
Assets = Liability + Equity
The left side of the equation (assets) is increased with debits (left side of T Account). The right side of the equation is increased by credits (right side of the T Account). Vice versa for decreasing those accounts.
That actually might not help, but it did for me. |
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