Debits And Credits
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DEBITS / CREDITS
debit means left / credit means right

Debit XXX
Credit XXX

ASSETS = LIABILITIES + NET ASSETS

IN ASSETS — Debit is + Credit is - WHY? If you buy …?
IN LIABILITIES — Debit is - Credit is +
IN NET ASSETS — Debit is (expense)- Credit is +(revenue)

Matrix:

ASSETS = LIABILITIES + NET ASSETS
EXPENSES REVENUES
DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT
+ - - + - +
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