30 transactions. 4 levels. Every wrong pick hides a classic misconception — you learn why it is wrong, but the correct entry stays secret until you find it yourself.
Cash, Bank, Furniture, Laptop, Projector, Stock.
Capital, Creditors, Debtors, Outstanding Salaries.
Rent, Salaries, Honorarium, Donations, Fees.
Debit what comes in, Credit what goes out
Cash, Bank, Furniture, Laptop, Projector, Stock. When the asset grows, debit it; when it shrinks, credit it. Watch the mode of payment — Cash and Bank are two different pockets.
Debit the receiver, Credit the giver
Capital, Creditors, Debtors, Outstanding Salaries. Whoever gives your business value gets credited — including the owner. Natural persons, artificial persons (companies) and representative accounts all follow this one rule.
Debit all expenses and losses, Credit all incomes and gains
Rent, Salaries, Honorarium, Donation, Fees, Depreciation. Costs of running the centre are debited; earnings are credited. Ownership test first: only the owner's contribution is Capital — a donor's gift is income.
| Account | Type | Rule that fixes its side |
|---|---|---|
| Cash / Bank | Real | Money in → Debit · Money out → Credit |
| Laptop, Furniture, Projector | Real | Asset arrives → Debit · Asset leaves → Credit |
| Capital | Personal | Owner gives → Credit |
| Creditors (suppliers) | Personal | They gave goods → Credit · They receive payment → Debit |
| Donation, Fees, CSR funds | Nominal | Income → Credit |
| Rent, Salaries, Honorarium, Printing | Nominal | Expense → Debit |