"Impact of Debits and Credits on Account Types"
This page explains the rules of each of the account types in the accounting equation.
This page goes along with the "cheat sheet" which explains the accounting equation:
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This "cheat sheet" explains the accounting equation:
It also details under each category what is an asset, what is a liability, and what is an owner's equity.
Students always love this. It's their "go to" the