Hi all

I have just started studying for part 1.1 and have reached the double entry bookkeeping explanations of credits and debits in the BPP study text. I am having real problems getting my head around it! Particularly any transactions that do not involve movement of cash into and out of the bank. I am studying the international version. Would anyone who understands credits and debits possibly be willing to speak with me over msn to try and explain clearly how to understand this? I am worried that if I just learn things parrot fashion without understanding, it's going to cause me huge problems in the future. Please send me a pm with your msn name if you can help!

Many thanks

Charlotte

hi Charlotte.O

this is serious.if u cannot even get DR and CR right u really can change course liao.

the nature of debit is ASSET and EXPENSES becos u PUT money inside. and CR is simply the opposite.. which is Liability( opposite of asset) and Revenue ( opposite of expense). just use opposite to compare can liao.. i hope i did answer ur question... read your bpp mamual.. very helpful

That's not very useful when someone is just asking advice!

Double entry comes to you with lots of practice, no one remembers it all straight away so answers like geyser's are not very helpful

Just keep doing loads of practice and one day it will just click and you will never forget it

my e-mail adress is hasoon82@hotmail.com.

and I can login in the morning ... so if you interest i will help you to understand thes intries...

best wishes..