Week 2 - Discussion 1

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Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. Refer to the Discussion Forum Grading Rubric under the Settings icon above for guidance on how your discussion will be evaluated.

  

Debits and Credits

  

Define debits and credits and   explain how they are used to record business transactions.  Is it true   that debits always increase and credits always decrease? Why or why not?

Respond to at least two of your   classmates’ posts.

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