ACC 110 Lecture Notes - Girl (Pharrell Williams Album)
Document Summary
There are many ways to remember which accounts increase with debits and which increase with credits. This is simply one more way to remember it may work for you. Generally these types of accounts are increased with a debit: You might think of d e a l when recalling the accounts that are increased with a debit. Generally these types of accounts are increased with a credit: You might think of g i r l s when recalling the accounts that are increased with a credit. To decrease an account you do the opposite of what was done to increase the account. For example, an asset account is increased with a debit.