3 ms·
I enjoy using the alliteration of "Capital" and "Credit" to remember the normal balance of the capital/equity accounts. Memorizing that and the accounting equat
by EvanAnderson 3y ago
I enjoy using the alliteration of "Capital" and "Credit" to remember the normal balance of the capital/equity accounts. Memorizing that and the accounting equation is all that's necessary to derive the normal balances of every other account type.
- yandrypozo 3y agonice trick, thanks!