In accounting, how to divide the credit and debit, I can t do accounting entries, and ask the master

In accounting, how to divide the credit and debit.

The accounts of asset, expense and cost accounts are: debit registrations increase, credit registrations decrease.

Liabilities, owners' equity, and income account accounts are: credit registrations increased, debit registrations decreased.

The preparation of accounting entries begins with the determination of the nature of the economic transaction that takes place, and also reduces the determination of what the transaction is for. Where did the money come from? After distinguishing this, the accounting entries are ready to be prepared.

For example, when we receive an invoice for the purchase of office supplies, first determine that he is buying office supplies, and then look at the money is **, is it to pay cash? Or a bank deposit?

Or is it on credit? Pay cash entries.

Borrow: Administrative Expenses - Office Supplies.

Credit: cash on hand.

A bank deposit is a bank deposit, and a credit account is a credit payable.

Generally speaking, borrowing increases and loans decreases, and expenses are the opposite.

The asset account borrows and decreases, the liability account borrows and borrows and decreases, the cost account borrows and decreases, the profit and loss account borrows and decreases, and the equity account borrows and debits.

The increase in the amount of the asset class is on the debit side, and the decrease in the amount of the asset class is on the credit side.

The decrease in the amount of liabilities is on the debit side, and the increase in the amount of liabilities is on the credit side.

The decrease in the amount of owner's equity is on the debit side, and the increase in the amount of owner's equity is on the credit side.

The increase in the cost amount is on the debit side and the decrease in the cost amount is on the credit side.

The decrease in the profit and loss income sub-class is on the debit side, and the increase in the profit and loss income sub-class is on the credit side.

The increase in the amount of the profit and loss cost sub-category is on the debit side, and the decrease in the amount of the profit and loss cost sub-class is on the credit side.

It is divided into 2 categories: 1. Assets, costs (production costs, manufacturing expenses), and profit and loss"loss"Class accounts (operating costs, operating expenses, business taxes, administrative expenses, income taxes) debit indicates an increase, and credit indicates a decrease!

2. Liabilities, owners' equity, and profits and losses"benefits"Class accounts (operating income, non-operating income) debit indicates decrease, credit indicates increase!

The balance of the account is generally increased by its side.

Debit bookkeeping.

It was formed in Italy in the 15th century and is now widely used by countries around the world. This method is also generally used by Chinese companies. Its main features are:

to"Borrow"、"credit"As a bookkeeping symbol, each account is divided into two parties. Specifically, increases in assets and expenses are debited, decreases in assets and expenses are credited, and balances are reflected in debits; Increases in liabilities, owners' equity and income are credited, decreases in liabilities, owners' equity and income are debited, and balances are reflected in credit.

to"Where there is borrowing, there must be a loan, and there must be equal borrowing"As a rule of bookkeeping, each economic transaction is credited to two (or more) accounts, and to the debit side of one or more accounts and to the credit side of another or more accounts in equal amounts.

Taking the total amount of funds occupied as the balance formula equal to the total amount of funds, the relationship between the total debit balance of each account and the total credit balance of each account is necessarily equal to the correctness of the account book records is tested.

Borrowing is just a symbol of accounting, and the specific accounts are borrowed and increased or debited, and these concepts are generally available in books.

Teach you a simple bit method:

It can be seen from the statement that the first thing to look at is the balance sheet, which reflects the three categories of assets, liabilities and owners' equity. In general, on the left side of the table are the accounts of the asset class, which are borrowed and debited; On the right are the accounts of liabilities and owners' equity, which are the increase of loans and the decrease of loans. The upper part on the right is the account of liabilities, and the bottom half is the account of equity.

The income statement mainly reflects the accounts of cost and expense, income and profit. The cost and expense accounts are borrowed and borrowed, and the income and profit accounts are increased and borrowed.

You may wish to put a balance sheet in front of you to distinguish which account is a loan increase or a loan increase, and the left side of the table indicates "borrow", that is, the accounts listed on it are all debited to indicate an increase, and the corresponding credit is reduced; The right side of the table indicates "credit", that is, the accounts listed on the right are credited to indicate an increase, and the corresponding debit is a decrease.

There is an exception, however, where the allowance account, such as the "Accumulated Depreciation" account, is listed on the left side of the table, but it is recorded in the opposite direction.

What do debits and credits mean?

Accounting entry refers to an accounting entry that indicates the direction, account name and amount of the account to be borrowed and credited according to the content of the economic business. Abbreviated as an entry. Accounting entries are composed of three elements: the direction of debit and credit, the name of the corresponding account (account) and the amount to be credited.

According to the number of accounts involved, it is divided into simple accounting entries and compound accounting entries. Simple accounting entries refer to accounting entries that only involve the debit side of one account and the credit side of another account, i.e., the accounting entries of one debit and one credit; Compound accounting entries refer to accounting entries composed of two or more corresponding accounts (excluding two), i.e., accounting entries for one loan for multiple loans, one loan for multiple loans, or multiple loans for multiple loans.

Debit bookkeeping: It is a double-entry bookkeeping method that uses "debit" and "credit" as accounting symbols to record economic transactions. The credit and debit accounting method is a type of double-entry accounting, which is usually called the full term of debit and debit accounting.

It is a double-entry accounting method based on the theory of "assets = liabilities + owners' equity", with "debit" and "credit" as the accounting symbols, and "there must be credit, and the loans must be equal". The credit accounting method uses the words "debit" and "credit" as accounting symbols, which is not a "pure" and "abstract" accounting symbol, but a scientific accounting symbol with profound economic connotation.

1. Accounting SymbolsAccounting symbols reflect the increase and decrease in the number of various economic operations.

a) "Debit" and "credit" are abstract accounting symbols.

The credit and debit accounting method uses "debit" and "credit" as accounting symbols to indicate the direction of increase or decrease in bookkeeping, the correspondence between accounts, and the nature of account balances. However, it has nothing to do with the literal meaning of these two words and their original meanings in the history of accounting. "Borrow" and "loan" are specialized terms in accounting and have become the common language of international business.

2) The meaning of "borrowing" and "borrowing" indicates increases or decreases.

"Debit" and "credit" are used as accounting symbols, both of which have the dual meaning of increasing and decreasing. When "borrowing" and "crediting" are increasing and when they are decreasing must be accurately explained in the context of the specific nature of the account. For the asset category, the expense category is "borrowing" and "borrowing" and "crediting" minus, and the liabilities and owners' equity are "borrowing" and "borrowing" and "crediting" increasing.

According to the accounting equation "assets + expenses = liabilities + owners' equity + income", the two accounting symbols of "debit" and "credit" stipulate the opposite meanings of the accounting elements on both sides of the accounting equation.

Accounting rules: there must be a loan, and the loan must be equal.

Pay attention to the ledger account classification:

The debit statement for assets, costs, and expenses has increased, and the credit statement has decreased.

The debit statement of owners' equity, liabilities, income, and profit decreased, and the credit statement increased.

Pay attention to the balance formula in terms of reporting and trial balance:

Assets + Expenses = Liabilities + Owners' Equity + Income".

When making accounting entries, it is always impossible to distinguish who is borrowing and who is lending, especially novice accountants!

Electronic materials are available free of charge at the end of this article).

Through the deduction of the collusion relationship, the formula can be obtained: loss of asset cost = other equity income of liabilities.

This formula is linked to the Rational Formula of the Accounting Office of Tong's Prudent Accounting Office

On the left side of the equation, the cost of the asset increases and decreases.

On the right side of the equation, debt, equity, and income increase and decrease.

The picture above is convenient for layout design. In the diagram above, "Owner's Equity" is simplified to "Equity". The final formula omits the current period, and the change is indicated by a "".

1.The first thing to understand is the direction of borrowing. There is a formula for "borrowing must be borrowed, and borrowing must be reciprocal". That is, each entry has a debit and a credit, and the total amount of borrowings in both directions of each account is equal.

So when are debits and credits made? This requires you to know the six accounting elements: assets, liabilities, owners' equity, income, expenses, and profits.

There are two equations in the six elements:

Income-expense = profit, this is easy to understand, so I won't explain it.

2.Here's the trick. You just need to remember that the increase in assets is debited. Next, let's deduce:

Asset class. Debt.

Public Class. Owner's Equity Category.

Class cost. Category profit and loss.

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The credit side is the ** of the money, and the debit side is the use of the money

1. What do debits and credits mean

1. The credit is the ** of the money, and the debit is the use of the money. Borrowing and credit is only a symbol used in accounting, not the so-called daily so-called loan account is simply divided into left and right parties, under the credit accounting method, the left side is called the debit, the right side is called the credit, one party registers an increase, and the other party registers a decrease;

2. Legal basis; Debts incurred by the husband and wife as a joint signature or a subsequent recognition by one of the husband and wife, as well as debts incurred by one of the husband and wife in their own name for the daily needs of the family during the existence of the marital relationship, are joint debts of the husband and wife.

Debts incurred by one of the spouses in his or her own name during the existence of the marital relationship in excess of the daily needs of the family are not joint debts of the husband and wife; However, the creditor can prove that the debt was used for the husband and wife's common life, joint production and business, or based on the common intention of the husband and wife.

2. Whether the loan contract can be compelled to be performed by the lender

1. According to the law, if the borrower fails to use the loan in accordance with the agreed purpose of the loan, the lender may stop issuing the loan, withdraw the loan in advance or terminate the contract; If the other party defaults on the contract and fails to pay the arrears, and the other party still fails to pay after the court makes a judgment, the debtor can be forced to repay the money;

2. According to the law: for legally effective civil judgments and rulings, the parties must perform their shirts. If one party refuses to perform, the other party may apply to the people's court for enforcement, or the adjudicator may transfer it to the enforcer for enforcement.

The parties must perform the mediation document and other legal documents that shall be enforced by the people's courts. If one party refuses to perform, the other party may apply to the people's court for enforcement;

3. According to the law: if one party fails to perform the creditor's rights document that the notary public has given enforcement effect in accordance with the law, the other party may apply to the people's court with jurisdiction for enforcement, and the people's court that receives the application shall enforce it. If there is a mistake in the notarized creditor's rights document, the people's court shall rule not to enforce it, and send the ruling to both parties and the notary public.

<> accounting entries, the left side is the debit side and the right side is the credit side. However, the decrease in the debit account or the decrease in the credit account will be determined according to the economic content reflected in the account and the actual situation of the account and the accounting business.

The debit and credit side of accounting involves the accounting credit and debit accounting method, which has a certain accounting account structure and follows the trial balance rule, which is a scientific double-entry accounting method with "debit" and "credit" as the accounting symbol, the accounting equation of "assets and liabilities + owners' equity" as the theoretical basis, and the "borrowing must be credited, and the loan must be equal" as the accounting rules.

The bank loan business of an enterprise can be accounted for by setting up short-term loan accounts and bank deposits, and how to do the relevant accounting entries?

How to make accounting entries for bank loans?

When obtaining a short-term loan.

Borrow: Bank deposit.

Credit: Short-term borrowing.

Interest accrued at the end of the period.

Borrow: Finance Expenses.

Credit: Interest payable.

Repayment of interest on short-term borrowings.

Borrow: Interest payable by Yingliang (return of the interest that has been withheld).

Credit: Bank deposits.

Or. Debit: Finance expenses (interest is not withheld, paid directly).

Credit: Bank Deposits Cash on hand.

Repay the principal of short-term borrowings.

Borrow: Short-term borrowing.

Credit: Bank deposits.

What is short-term borrowing?

Short-term borrowings refer to various borrowings of less than one year (including one year) borrowed by enterprises from banks or other financial institutions.

In order to account for the short-term borrowings of an enterprise, the "Short-term Borrowings" account should be set up. The principal amount of the borrowed money should be registered on the credit side; The principal amount of the repayment of the loan shall be registered on the borrower side. The balance is credited and represents the amount of the principal amount of the loan that has not been repaid.

What is a bank deposit?

Bank deposits are monetary funds deposited by a business with a bank or other financial institution. According to the business needs, the enterprise opens an account in the bank where it is located, and uses the opened account to make deposits, withdrawals and the settlement of various income and expenditure transfer business.

According to the provisions of China's cash management system, every enterprise must open a deposit account with the People's Bank of China or a specialized bank to handle deposits, withdrawals and transfer settlements.

The main contents of bank deposits of enterprises: settlement account deposits, letter of credit deposits, foreign deposits, etc. The cashier is responsible for the collection and disbursement of bank deposits. For each bank deposit income and bank easing expenditure business, the accounting voucher must be prepared according to the original voucher that has been audited and correct.

Bank deposits are an asset class. The closing balance is on the debit side. In accounting entries, the debit side indicates an increase. Lenders indicated a decrease.