Bookkeeping Basics #2: Understand The Mechanics

Using simple, easy-to-understand discussion, illustrations and note sheets, this focused course with video lessons teaches you the basic understanding of the financial tools "debits" and "credits" along with allowing you to put your learning into practice.

After completing the course, students will feel more confident and knowledgeable on topics such as...

• What's the difference between debits and credits
• When does each one mean an increase versus a decrease
• How do they relate to assets, liabilities and equity
• Also, how do they relate to income and expenses
• What is a T-Account and how is it used in bookkeeping
• What is an EASY way to remember when to use "debit" and use "credit"