Home Forums Coloring Why is it a good idea to use an Accounting Debit Credit Cheat Sheet by students?

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      Accountinglads
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      It helps the student to use the accounting cheat sheet as they learn because it gives clarity and instills some confidence during double-entry-bookkeeping learning. New learners have difficulties in recalling the accounts that will go higher and lower at each debit and credit. The cheat sheet is also an excellent tool as visual memory jogger to reinstate essential points. As an example, on the debit it is the assets and expenses, whereas on the credit it is revenues and liabilities. Having this reference at hand, students can avoid the most common mistakes and can find out how to acquire the fundamentals of the accounting sphere much quicker.

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