An increase to a liability or to an equity account is a credit Assets = Liabilities + Equity. on the other hand a decrease to an asset account is a credit. A decrease to a liability or equity account is a debit.Debits and credits occur at the same time in every financial transaction in double-entry bookkeeping. <br /> <br />Thanks for Watching <br />Don't forget to subscribe my channel <br />---------------------------------------------------------------------- <br />https://goo.gl/18BVHn <br />And like and share this video .& <br />---------------------------------------------------------------------- <br />Also like our facebook Page <br />https://www.facebook.com/1computerwor... <br />---------------------------------------------------------------------- <br />Also follow us on Twitter <br />https://twitter.com/Pakistani_2026 <br />---------------------------------------------------------------------- <br />also follow us on Google Plus Link below:- <br />https://plus.google.com/u/0/103073181... <br />---------------------------------------------------------------------- <br />Audio Licence <br />♩♫ Inspiring Love Music ♪♬ - Warm hands (Copyright Free) <br />https://www.youtube.com/watch?v=dTuIi... Knowledge world Knowledge world <br /> <br />-~-~~-~~~-~~-~- <br />Please watch: "YouTube added Limit to display number of Ads Not Suitable for all advertisers ! Request Review" <br />https://www.youtube.com/watch?v=VKNyw... <br />-~-~~-~~~-~~-~- ===================================================== <br />Click the link below to watch our most recent Video :- <br />https://goo.gl/Or83Go <br />To check our most popular upload click the link below:- <br />https://goo.gl/N1OdsE <br />To visit our channel page click the link below:- <br />https://goo.gl/6TzMDC <br />===================================================== <br />Subscribe knowledge world by clicked the link below:- <br />https://goo.gl/Xa2Pwd <br />or just check our Channel page click the link below:- <br />https://goo.gl/6TzMDC ===================================================== <br />Top10 <br />https://goo.gl/2MnZWH <br />===================================================== <br />Knowledge Stuff <br />https://goo.gl/k9foQQ <br />===================================================== <br />YouTube tips n Tricks <br />https://goo.gl/KtA1wq <br />===================================================== <br />Android Tips and tricks <br />https://goo.gl/omR124 <br />===================================================== <br />Computer related tips and tricks <br />https://goo.gl/XvczGE <br />===================================================== ===================================================== <br />Sony Vegas Tutorials <br />https://goo.gl/nh1aY3 <br />=====================================================
