Bookkeeping 101: What Are Debits and Credits?

Bookkeeping 101: What Are Debits and Credits?

In the intricate world of finance, understanding the foundations of bookkeeping is essential for anyone involved in managing or overseeing financial records. At the core of this foundation lie two critical concepts: debits and credits. While they might initially seem daunting, mastering these basic principles can unlock a clearer comprehension of how financial statements are […]