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In this video Im going to explain to you what Debits and Credits arent, define them, and show you why this is going to help you out. [Music] Hey guys, my names James and welcome back to another episode of Accounting Stuff! This video is the second in a series that Im creating on Accounting Basics. If you missed the first, check out the link that I am putting in the description below. This video is going to be all about the differences between Debits and Credits. Make sure you stick around to the end because Ive got a tip that I think is gonna help you loads! Exciting stuff, are you ready? Lets do this! To properly understand Debits and Credits I think its important to make a couple of points clear so we can remove any misconceptions. Debits and Credits are neither good, nor bad. Debits and Credits are not the same as adding or subtracting. Debits and Credits are words used to reflect the duality or double-sided nature of all Financial Transactions. If you need an analogy to h