✔ 最佳答案
A good example of the concept of double-entry bookkeeping is what happens when you buy a house. For this example assume there's no change in the fair market value of the house.
The accounting equation is: Assets minus Liabilities equals Owner's Equity (also called 'capital')
If you understand the concept of equity in a home, you understand the concept of double-entry bookkeeping.
You take out a $200,000 mortgage to buy a $200,000 house. You have no equity (asset $200,000 house minus $200,000 liability).
A few years later you've paid $10,000 in principal. Now your Owner's Equity is $10,000. (asset $200,000 minus liability of $190,000 = $$10,000).
That's exactly how double-entry bookkeeping and balance sheets work. On the purchase you would debit the asset account (home) and have a matching credit of $200,000 (mortgage).
For all purposes, a debit simply means "Left Column," and a credit means "Right Column." Certain ledger accounts usually have a debit balance, and others have a credit balance, but there are exceptions.
A balance sheet is a snapshot in time showing assets, liabilities, and owners equity. You'll see a balance sheet labeled as something like, "Balance Sheet as of December 31, 2016."
An income statement is a view of the financial activity over a period of time. You'll see a label like, "Income Statement for the period January 1, 2016 through December 31, 2016."
At the end of the year the income (or loss) is posted to your owner's equity account.