Please Chris could you explain to me how I will understand what items go to Dr side and what items go to Cr side in T-account. I am still confused about that.
Thanks
Ask the Tutor ACCA SBR
T-account issue
Hi,
It all goes back to the fundamentals, in that debit entries increase expenses, assets and drawings, whilst credit entries increase liabilities, income and capital.
We only really ever use T-accounts in group SCF questions so you shouldn't struggle too much.
Thanks
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