Discussion Question – Debit/Credit

Using your text and at least one scholarly
source, respond to the following: ; Transactions typically use the
double-accounting method of recording, specifically debits and credits. ;
Explain how debits and credits are posted and the types of accounts that are
impacted by each of these transactions. ; In other words, do debits impact
assets and if so, does the debit increase or decrease that account? ; Use
this example as you work through the debit and credit discussion question. .