CenterPoint^® Accounting for Agriculture - Debit/Credit Table for General Journal Entries

The following Debit / Credit Table can be used as a guideline to enter the amounts/quantities in the General Journal screen.

The Debit/Credit Table lists each account type as increase of the account/quantity and as a decrease of the account/quantity. The Debit column lists the combinations recorded as a Debit. The Credit column lists the combinations recorded as a credit.

The "+" sign indicates an increase to the account type. The "-" sign indicates a decrease to the account type.

Note: Quantities are entered the same way as the amounts in the transaction.

DEBIT	CREDIT
+ Asset	- Asset
+ Inventory	- Inventory
+ Work in Process	- Work in Process
- Liability	+ Liability
- Owner Equity	+ Owner Equity
+ Expense	- Expense

See Also