What do the terms debit and credit mean in accounting-What is your opinion?

Analyzing and Recording Transactions

Why do we have accounting rules? What is your opinion?

Use your research skills, google, and chapter 3 of your online textbook to answer the following question. What do the terms debit and credit mean in accounting? What is your opinion?

What is a journal in accounting? What is your opinion?

What is a Ledger in accounting? What is your opinion?