Accounting credit/debit confusion!!!!!!!!!!!!!

[kaipai]

Hi,

I have been reading acco. for many months. I am still confused about creating different accounts e.g. capital, current, depreciation etc. I wonder if I have to memorize which thing goes on the debit side and which on the credit of an account. Do I? ???Then I can paste the accounts over my room walls as wall papers!

Or is there logic, reasonable logic in the debit/credit confusion that irritates me?
Please explain....
Thanks....
 

[NotAbod]

Debit is for anything that you own like cash, money in bank, assets, etc.
Credit is anything you owe to someone like loan, capital, etc.
Practising past papers will help you know better.