Practice Problems
Debit Credit Helper
Assets (A)
Increases: Debit
Decreases: Credit
Examples: Cash, Accounts Receivable, Equipment, Inventory
Dividends (D)
Increases: Debit
Decreases: Credit
Withdrawals by owners from the business.
Expenses (E)
Increases: Debit
Decreases: Credit
Examples: Rent Expense, Salaries Expense, Utilities Expense
Liabilities (L)
Increases: Credit
Decreases: Debit
Examples: Accounts Payable, Bank Loans, Unearned Revenue
Income / Revenue (I)
Increases: Credit
Decreases: Debit
Examples: Sales Revenue, Service Revenue, Interest Income
Capital / Equity (C)
Increases: Credit
Decreases: Debit
Examples: Owner's Capital, Share Capital, Retained Earnings
T-Account & Trial Balance Simulator
Explore how each transaction creates changes in T-accounts and cumulatively impacts the trial balance. Select a transaction to see its effect.
Simulate a Transaction:
T-Accounts for Latest Transaction:
No transactions yet. Select one above to see its T-accounts.
Current Trial Balance:
Initial Trial Balance (All accounts at ₹0)