UK Trial Balance Credit & Debit

[Jessica Lily]

Hi All

I've just completed my double entry's and now putting all of the totals on the trial balance.

I am unsure as to how you determine what is a credit and what is a debit.

I understand that the total credits should equal total debits and that it should effectively balance.

But I've just done a past paper and reviewed the answers and noted that an expenses are on the debit side and so is purchases. I then noted that sales is on the credit side.

Can someone clear this up for me?

Thanks
Jess

 

[Idrees]

Expenses and Assets debit side and income and liabilities on credit side

 

[Prince Joel]

go back to the basic accounting equation.
Assets = Liability + owner's Equity - Expenses + Revenue
Assets + Expenses = Liability + owner's Equity + Revenue
so you will see that expenses is on the debit side and the revenue on the credit side
yours