DEAD CLIC

What It Stands For

Debits: Expenses, Assets, Dividends / Credits: Liabilities, Income, Capital

TopicNormal Balances / Debit-Credit Rules
Why It MattersDEAD CLIC is an alternative mnemonic to DEALER for remembering debit vs credit normal balances. DEAD accounts increase with debits; CLIC accounts increase with credits.

External Links