Accounting cheat sheet

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a green and purple poster with information about debts and credit sheets on the front

For most of my career, I have kept a sticky note on my laptop with a reminder of how debits and credits work. I want to save you the trouble (and the side-eye glances) by sharing a debits and credits cheat sheet that will help you understand and remember the basics of this accounting concept.

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the financial statement sheet is shown in green and black, with instructions for each section

Financial Statements Cheat Sheet 📄 If you're in business, you MUST understand how Financial Statements work. Use this cheat sheet to master the…

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the table shows different types of credit cards
Account Classification And Normal Balance Chart
Normal Balance Guide

Our Explanation of Debits and Credits describes the reasons why various accounts are debited and/or credited. For the examples we provide the logic, use T-accounts for a clearer understanding, and the appropriate general journal entries.

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