acc311 at The University of Texas

8. Debits and Credits

in Chapter 2 (Video 8 of 13)
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Debits and Credits are the words of accounting. You must understand debits and credits if you want to be able to pass this class.

The Rest Of The Videos

1 Current Assets 9:57
2 Non-Current Assets 10:25
3 Current Liabilities 6:24
4 Non-Current Liabilites 2:00
5 Contributed Capital 5:10
6 The Classified Balance Sheet 4:48
7 T-Accounts 3:15
8 Debits and Credits
You are here. 		6:49
9 Determining Normal Balances For Assets & Liabilities 10:04
10 Determining Normal Balance for Shareholder's Equity 11:53
11 Normal Balance Shortcut: Double Entry 11:51
12 Normal Balance Shortcut: DEAD Mnemonic 2:36
13 The Journal, Ledger, Trial Balance 14:00
Chapter 3 →

Chapter 2 Practice Problems

Click Here to View All Chapter 2 Problems at Once View
1 Account Classification Easy
2 Current Assets Easy
3 Journal Entry - Inventory Easy
4 Journal Entry - Sales Easy
5 Land Purchased With Cash Easy
6 T/F: Liabilities and Equity Easy
7 T/F: T-Account Logic Easy
8 Normal Balances Moderate
9 Solving for Missing Amounts Moderate
10 The Effect of Journal Entries Moderate
11 What Should Be Journaled Moderate
12 Account Classifications Hard
← Chapter 1

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