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UNRAVEL the Mystery of Debits and Credits - Accounting Basics - Part 1

Do you want to know the trick to remebering how debits and credits work in accounting? Debits and credits are the foundation of bookkeeping and accounting and in this video we make it easy to learn with our simple explanation of debits vs credits. 00:00 UNRAVEL the Mystery of Debits and Credits - Accounting Basics - Part 1 00:07 Debits and Credits Made Easy 01:31 Recording Debits and Credits 03:17 How Debits and Credits Work 04:13 Rules of Debits and Credits 04:25 Debits and Credits Examples 04:33 Sale Transaction Debits and Credits 07:37 Expense Transaction Debits and Credits 09:28 Debits and Credits in Accounting ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ This video is the first of a series of four video tutorials on accounting basics for small business owners: Part 1 -    • UNRAVEL the Mystery of Debits and Cre...   Part 2 -    • Why You NEED to Know The Five Account...   Part 3 -    • DISCOVER the Magic of T Accounts - Ac...   Part 4 -    • The SIMPLE TRICK to Double Entry Book...   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ⚖ DISCLAIMER Information provided in our videos does not constitute financial, taxation, legal, business or other professional advice. If you make a purchase through an affiliate link provided here we may receive a commssion. We do not accept any responsibility or liability for purchases made through third-party vendors, websites, or services. It is your reponsibility to review and understand the terms, conditions, and policies of third parties before making any purchases.