accounting
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er...may i know what subject is this??? i've never heard of it before...
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principle of accounts aka poa for secondary sch ...Originally posted by unclebutcher:er...may i know what subject is this??? i've never heard of it before...
as for poly and ite wise , i have no idea -
Actually you can rmb it this way.
1) Debit = When you put in money
2) Credit = Take out money
HOWEVER, always put yourself "in the shoes of that acc". Eg: If it's the creditor's a/c, imagine that youre the creditor. Then when ppl pay you money, it will be your debit.
Then if you're the "Purchases" a/c right, you put in goods. So you debit purchases lor
Dno if it sounds confusing to you all. But hope it helps -
studying accounting makes me wanna die
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thats what i used to think so also.Originally posted by Omniknight:studying accounting makes me wanna die
till i started paying attention in class, accounting becomes easy.
no need to think so much, very methodical.