In double-entry bookkeeping, what goes in the right (credits) column?

Question

asked Nov 20, 2021 33.9k views

1 Answer

← Prev Question Next Question →

Ask a Question

Andrei Chis · Answer 1 · 2021-11-24T06:06:13+0000

Answer:

Step-by-step explanation:

Liability, Revenue, and Capital accounts (on the right side of the equation) have a normal balance of credit. On a general ledger, debits are recorded on the left side and credits on the right side for each account.

In double-entry bookkeeping, what goes in the right (credits) column?

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions