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Principles of Accounting, Part 4, Question 45
#4
So debits are an increase in amount, and credits are a decrease in amount?

Also curious as to how such illogical terminology came to be.
Excelsior, BS, pursuing degree

Completed:
CLEP: Hum. (67), Hist. of U.S. I (74), Hist. of U.S. II (71), Intro. Psych. (69), Intro. Soc. (72), Soc. Sci. and Hist. (74), Western Civ I (72), Western Civ II (70), Am. Lit. (60), Intro. to Educ. Psych. (62), P. of Management (74), P. of Market. (74), Intro. Bus. Law (67), P. of Accounting (60), AmGov (68)
DSST: Ethics in Am. (76), P. of Super.(67), HRM (65), Intro to Bus. (70), MIS (65), P. of Fin (62), M&B (65), P. of Stat. (68)
ECE: OB (B)
TECEP:: IntFin, SecAna

Others

Total Credits: 129
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Principles of Accounting, Part 4, Question 45 - by mstcrow5429 - 06-27-2007, 01:45 PM

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