Counting for beginners number 27. Thank you for coming back again. This is my classic series. If this is your first time, hit subscribe so you can see more. If you're back and this is like your 27th video watching me, go see a therapist to make sure you're okay. So let's just get right into US accounting for beginners number 27. Let's go. This is the last video. Does the transaction increase asset? What's a transaction? Paid a utility bill $500. Let's make our journal entry first and then we're going to answer the question. You have no idea about anything. You hurry up and write DC a blur on your paper. Then as you've been doing, as you've been practicing every morning for a month straight, two months straight, you know what this is in your brain, but you're just going to write it out on your test paper anyways. DC a blur, DC a leer, debit, credit, asset, drawn, expense, liability, equity, revenue. These are in the positive forms. That's a neck. That's not a plus. I swear to God. What's wrong with me sometimes? What I would do, I would just start writing a journal entry but even know sometimes I still I still just break. I still write these debits and credits. I still do this sometimes for me. Even though, like, 10 years deep, sometimes I don't know. Just so I can see it kind of so I can see the different sides coming out. But I'll put a debit credit. Now, once again, I found the best way to find neither good nor bad, bad or good, left and right. Debit is the left side of the double entry accounting equation or the journal entry. Debit is the left side. Credit is the...
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Video instructions and help with filling out and completing Can Form 8854 Assets
