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Credits
25• Credits: 20
credits on the right
Debits and Credits
debits/credits
whether by entering the wrong transaction amount or getting debits and credits mixed up
whether using the wrong number or getting your debits/credits mixed up; • Making an error in your journal entry
252.46 02/27/07 Pay Billy Joebob 640.20• Account No. 401Sales - Widgets Debits Credits Balance Date and Explanation
or card for each account.Examples of General Ledger EntriesAccount No. 101Cash - Regular Checking Debits Credits Balance Da
then making sure that the sum of all debits equals the sum of all credits -- that the two amounts balance. The trial balance is