debit/credit rules - student question

I have asked this elsewhere but no-one has been able to answer this.. can anyone help here?

I am working through the Woods book to support my course material as has been suggested (by my course material and by my tutor) and it is proving helpful in confirming my knowledge with the exercises.  However there is something that I could do with a little more clarification on.

When deciding whether to debit or credit an account I work on the Debit the receiver and Credit the giver system.... but the Woods book says there are instances where this is not applicable. The book gave a really long method of knowing which to do, but there is no way I am going to remember all that.

To quote:

A number of methods have been suggested in various books to help you make entries to the correct account and some students find them sufficient.  I was taught to debit increases in assets and expenses and to credit increases in income and liabilities, a useful rule, but one that is sadly incomplete.  Another rule often suggested is to debit the receiver and credit the giver; again a useful but sadly incomplete principle to adopt.

But the book doesn't explain why it is incomplete.

Can anyone tell me where do you not debit the receiver and credit the giver?

My tutor couldn't answer the question, she just said she never uses that method.

Comments
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So how do journals such as

tom123 |

depreciation

Tonykelly |
Tonykelly's picture

debit/credit rules

jafarmusthafa |

Easy to remember.....

emsabobs |