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  3. what is the debit/credit rule? \table[[account n

What is the Debit/Credit Rule? \table[[Account Name,\table[[Element],[Asset, Liability, Owners],[Equity, Revenue or Expense]],\table[[Increasing or],[Decreasing]],\table[[Debit...

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Accounting

What is the Debit/Credit Rule?
\table[[Account Name,\table[[Element],[Asset, Liability, Owners],[Equity, Revenue or Expense]],\table[[Increasing or],[Decreasing]],\table[[Debit or],[Credit]]],[Sales Revenue,,Increasing,],[\table[[Accounts Receivable],[(Debtors)]],,Increasing,],[Cash at Bank,Increasing,,],[Discount Allowed,,Increasing,],[Interest Revenue,,Increasing,],[Office Furniture,,Decreasing,],[Accounts Receivable,,Increasing,],[Capital,,Increasing,],[Purchases,,Increasing,],[Accounts Payable,,,]]
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