Debits and Credits Trainer

Debits and Credits Trainer


If you have ever struggled to learn your debits and credits, and more importantly, to understand the big picture of accounting and how debits and credits affect an income statement, statement of retained earnings and the balance sheet, this app is for you.

This app was developed for my accounting students to allow them to enter their accounting transactions simply as account increases or decreases and then the app automatically indicates whether the those increases or decreases resulted in debits or credits. Even better, it automatically prepares a corresponding income statement, statement of retained earnings and balance sheet.

For those users who know the account debits and credits but don't know whether those resulted in increases or decreases, this app will automatically indicate whether the debits and credits resulted in increases or decreases and will prepare the related financial statements.

For those users that are visual learners, the app's border turns green when your entries are in balance and turns red when they are out of balance. If you are out of balance, the app allows you to fix it by adjusting any of the entries. If it turns green, you know you are back in balance.

Recent changes:
Minor licensing revisions
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$.99
100
5.0
User ratings
3
Installs
50+
Concerns
0
File size
96 kb
Screenshots
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About Debits and Credits Trainer
If you have ever struggled to learn your debits and credits, and more importantly, to understand the big picture of accounting and how debits and credits affect an income statement, statement of retained earnings and the balance sheet, this app is for you.

This app was developed for my accounting students to allow them to enter their accounting transactions simply as account increases or decreases and then the app automatically indicates whether the those increases or decreases resulted in debits or credits. Even better, it automatically prepares a corresponding income statement, statement of retained earnings and balance sheet.

For those users who know the account debits and credits but don't know whether those resulted in increases or decreases, this app will automatically indicate whether the debits and credits resulted in increases or decreases and will prepare the related financial statements.

For those users that are visual learners, the app's border turns green when your entries are in balance and turns red when they are out of balance. If you are out of balance, the app allows you to fix it by adjusting any of the entries. If it turns green, you know you are back in balance.

Recent changes:
Minor licensing revisions
User reviews of Debits and Credits Trainer
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Android Market Comments
A Google User
Apr 18, 2014
Great app that helps by allowing the user to see the impact of transactions on financial statements.
A Google User
Jan 19, 2013
Excellent Amazing app! Will recommend it to accounting students out these ways.