Task

Task #1

Use the diagram to complete your worksheet.

T Account diagram:

A T Account Diagram that reads ADE = CLR DEA = LRC on the left block D is increasing whilst C is decreasing and on the right block it is vise versa.

Table form of the T Account diagram
ADE (Asset, Drawing, Expense) = CLR (Capital, Liability, Revenue)

Debits Increase

Credits Decrease

Credits Increase

Debits Decrease

Download and complete 2.05 Debits Must Equal Credits.

Submit your completed work to the 2.05 Debits Must Equal Credits Dropbox.