Credits and Debits Chart


Knowing how Credits and Debits affect each type of account is critical in making accurate journal entries. Below, you'll find a chart that shows each type of account, and how to increase or decrease that type of account by using either a credit or a debit:


Account Type Increase Decrease
Asset Debit Credit
Restricted Debit Credit
Liability Credit Debit
Income Credit Debit
Expense Debit Credit