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ICT_CLASSES@ict_classes Stop Memorizing Debit & Credit! Learn This Trick Instead Think Debit & Credit are difficult? The real problem is that most students memorize the rules without understanding why an account is debited or credited. Once you understand the Modern Rules of Accounting, Journal Entries become much easier. 📖 In this post, you'll learn: ✅ Modern Rules of Accounting ✅ Assets, Liabilities, Capital, Income & Expenses Rules ✅ Easy Mnemonic "ALICE" to remember all 5 account types ✅ Step-by-Step Journalising Process ✅ Smart Revision Trick for Exams 💡 Easy Trick to Remember: ALICE = Assets • Liabilities • Income • Capital • Expenses 👉 AE (Assets & Expenses) Increase = Debit 📈 Decrease = Credit 📉 👉 LIC (Liabilities, Income & Capital) Increase = Credit 📈 Decrease = Debit 📉 🎯 Once you remember this trick, solving Journal Entries becomes much faster. 📌 Save this post now—you'll thank yourself before your Accountancy exam. 📤 Share it with a Commerce friend who always gets confused between Debit & Credit. 📚 Follow @ict_classes for easy-to-understand Commerce Notes, Accountancy Concepts, PYQs, MCQs, Exam Tips & Daily Revision Content. ❓ QUICK QUIZ If Cash is received from a customer, what happens to the Cash (Asset) Account? A) Debit Increases B) Debit Decreases C) Credit Increases D) Credit Decreases 👇 Comment your answer below! 🚀 We're simplifying the entire Class 11 Accountancy syllabus with handwritten notes, memory tricks & exam-focused concepts. Follow @ict_classes so you never miss the next chapter. 📚 Modern Rules of Accounting, Rules of Accounting, Modern Accounting Rules, Journal Entry, Journal Entries, Debit Credit Rules, Debit and Credit, Assets Account, Liability Account, Capital Account, Revenue Account, Expenses Account, ALICE Mnemonic, Journalising, Class 11 Accountancy, Accountancy Notes, Commerce Notes, Accounting Basics, Financial Accounting, Journal, Ledger, Trial Balance, Commerce Students, B.Com Notes, Class 11 Commerce #Accountancy #CommerceNotes #Class11Commerce #JournalEntry #ICTClasses
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@faaz_ibrahim___ It's very helpful
@amorino954 @jaseel5261
@faisal__ibn_shakeel Thanx ❤️
@veer.mallick.3 ❤️❤️
@veer.mallick.3 🔥🔥🔥🙌🙌🙌
@t4nyaaaaa owh
@zuha_xxrehan 🔥🔥🔥🔥
@harshs_782 ❤️❤️❤️❤️❤️Always forever
@heyyrehannn Helpful notes thankyou @ict_classes
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@ict_classes ⚡ The next chapter will be even more important than this one. Follow @ict_classes and never miss a concept that could help you score better.
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