For liabilities, owners' equity and income subjects (such as accounts payable, long/short-term loans, main business income, paid-in capital, current year's profit, etc.). ), "loan" means add.
For assets and expense accounts (such as cash, bank deposits, materials, fixed assets, receivables, management expenses, main business costs, etc.). ), "loan" means deduction.
Extended data
There is an objective correspondence between accounts, and the results of account records can be balanced. The debit and credit bookkeeping method well reflects the inherent law of capital movement, can comprehensively and systematically reflect the ins and outs of capital increase and decrease and operating results, and is helpful to check the accounting treatment and ensure the correctness of account books.
Bookkeeping object-besides creditor's rights, debts and cash (name account and material account), it also includes profit and loss and capital (profit and loss account and capital account);
It is necessary to abide by the principle of "borrowing must have loans and loans must be equal" and ensure the balance of the formula of "assets = liabilities+owners' equity".