DEALER
What It Stands For
Dividends, Expenses, Assets = Liabilities, Equity, Revenue
TopicNormal Balances / Debit-Credit Rules
Why It MattersDEALER helps remember which accounts have debit normal balances (DEA) and which have credit normal balances (LER). Debits increase DEA accounts; credits increase LER accounts.
External Links
- Debits and credits — Wikipedia