7/2/2023 0 Comments Debit finance definition![]() ![]() In recent years, there has been a huge increase in the range and variety of accounting software available, including some well-known brands such as Xero, Sage and QuickBooks. To help you along though, here is a list of some common items and where they would appear within DEAL/CLIP: It just takes practice! How nominal ledger accounts fit into DEAL/CLIPĮventually, you will start to get used to the types of account which are Debit or Credit in nature. Understanding the definitions of the elements of financial statements will help you to understand where a particular nominal ledger account will appear within the DEAL/CLIP mnemonic. ![]() ![]()
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