S
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I am taking Financial Accounting and am a little confused about T-Accounts...
could someone explain to me why Credits increase Common Stock while Debits decrease it??? The same with Retained Earning, and Revenue and Expense..
This seems backward to me and I can't understand how taking money out of the company can increase your retained earnings....
Can someone help!!!
could someone explain to me why Credits increase Common Stock while Debits decrease it??? The same with Retained Earning, and Revenue and Expense..
This seems backward to me and I can't understand how taking money out of the company can increase your retained earnings....
Can someone help!!!