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Accounting 101: Reports to Debits & Credits [CHEAT SHEET: When to Debit or Credit?]
When to use debits & when to use credits? In order to understand debits & credits, you need to understand the big picture too of accounting and the reports. This videos explains the Income Statement and the Balance Sheet and how Debits & Credits fit in. Plus, I have a secret cheatsheet and process for always knowing when to debit and when to ...
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