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Exploring ‘debit credit’: How to record ALICE accounts with 5 FREE worksheets

Debit Credit 5 Worksheets

Let’s look at the term ‘debit credit’ that is commonly used in accounting to describe the double entry system. For every debit entry that you record, there must be a credit entry. When you pay rent with cash, you debit the Rent account and credit the Cash account. This is …

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Types of accounts: Learn ALICE with these 5 FREE worksheets

Types of accounts

Build a solid foundation in accounting with these 5 FREE worksheets on types of accounts. You can fully understand which accounts are Assets, Liabilities, Income, Capital and Expenses (ALICE). It is crucial to learn these 5 types of accounts early because their Source Documents must be allocated to the relative …

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Double Entry System: 5 Important things to know about recording transactions

Double Entry System

For every transaction made in a business, you must record a debit entry and a credit entry in the ledger accounts. This rule is called the double entry system. The debit entry goes on the left side of one T account and it must have the same amount as the …

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Rimes: Why it’s crucial for children to unlock the secrets of language

Rimes

In the journey toward literacy, children embark on a fascinating adventure, one where they unlock the secrets of language, explore the written word, and ultimately, find themselves immersed in the wondrous world of stories and knowledge. A pivotal milestone on this path is understanding rimes. These are seemingly simple yet …

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Vowel Team worksheets: Download free activities to spell and trace

Vowel team worksheets

These fun worksheets explore digraphs to help learners understand the concept of one sound being produced by two letters in English. This letter pattern or vowel team makes it impossible to decode a word. Therefore, a word with a vowel team is a sight word that must be learned, as …

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