Wednesday
April 16, 2014

Homework Help: Accounting

Posted by Jill on Friday, May 28, 2010 at 1:44pm.

I am having a technical problem using Simply Accounting 2008 (student version). I am creating my own company and entering the accounts in the Chart of Accounts. However, there is a problem with the drawings account. Most equity accounts have a credit balance, but a drawings account has a debit balance. The program reads my drawings account to have a credit balance. How can I make the program read the drawings account correctly as a debit balance? Thanks.

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