Expenses, Assets, Dividends.
DEBT sounds like debit. It is a hook, not an acronym: the B and T do not expand, so the three accounts always ride beside it.
Liabilities, Owner’s equity, Revenue.
C for credits, then every letter decodes. Coverage is complete.
Debits increase expenses, assets, and dividends. Credits increase liabilities, equity, and revenue. Anything that pushes equity up is a credit: revenue, common stock. Anything that pulls it down is a debit: expenses, dividends. Assets are the mirror image.
means every transaction touches at least two accounts, and the total always equal the total . Debit just means the left side of an account; credit means the right. Neither means increase or decrease by itself.
Whether a debit raises or lowers a balance depends on the account's . Debits increase expenses, assets, and dividends. Credits increase liabilities, equity, and revenue. A debit to a credit-normal account lowers it, and a credit to a debit-normal account lowers it too.