一个非常简单的accounting 问题Started business with $3000 in the bank and $500 in cash. 哪一个debit 哪一个 credit ? 为什么呢. 非常confused
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一个非常简单的accounting 问题Started business with $3000 in the bank and $500 in cash. 哪一个debit 哪一个 credit ? 为什么呢. 非常confused
一个非常简单的accounting 问题
Started business with $3000 in the bank and $500 in cash. 哪一个debit 哪一个 credit ? 为什么呢. 非常confused
一个非常简单的accounting 问题Started business with $3000 in the bank and $500 in cash. 哪一个debit 哪一个 credit ? 为什么呢. 非常confused
Double-entry is the foundation of our modern accountancy, as an ACA I would like to mentor you on this mater, but you are encouraged to get your study done in English. I dare say, most of you confusion is result from the bastardised Chinese translation.
Asset=Liability+Capital
-the accounting equation is the spine of accounting.
Balance sheet, is just a elaborate form of this equation. and it's Chinese translation is 资产结构表. In order to run a business, assets are sourced from liability and capital, and from a balance sheet we could tell this kind of structure,that is also why it is translated as 资产结构表.
Come back to your question, at the commencement of a business, apparently cash is an asset (no matter where it is, in the bank account, or in the draw) it would increased as well as the Capital.