Adding and subtracting with debits and credits

Debits and credits affect the accounts differently. some accounts are increased by debits. while others are increased by credits. see how debits and credits affect accounts.

Asset

• Increases - Debit Entry impact 
• Decreases-Credit Entry Impact

Equity     

• Decreases- Debit Entry impact                              
• Increases-  Credit Entry Impact

Liability 

• Decreases-Debit Entry impact
• Increases- Credit Entry Impact

Revenue                               

• Decreases-Debit Entry impact                           
• Increases- Credit Entry Impact

Expense                               

• Increases- Debit Entry impact                              
• Decreases-Credit Entry Impact