Скачать или смотреть Why are Debits & Credits BACKWARDS?

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Have you ever been puzzled by the reversal of debits and credits in certain situations?

For example, when you deposit cash into your checking account the bank credits your balance. But in accounting, we know that cash is an asset. A normal debit account. So debits should increase a cash balance and credits should decrease it.

Dive into this video to unravel this mystery!

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