Ledger Accounts and Debit and Credit Theory

Ledger Accounts and Debit and Credit Theory

  • What is an account?
  • How do we set one up?
  • Debit and Credit rules
  • Discussion: the Double Entry System of Accounting

Additional Practice and Review:

  • Prepare your Accounting ID Card (Rules of Debit and Credit Page 93 on the back)
  • Read 88-90 and  92-101 Review Questions 1-7 Exercises 1-4