[everlost]

> Rules: Left side of equation: Increase in an asset: debit. Decrease in an asset: credit.

This is the non-intuitive part for me. Everything else seems logical. Why would you debit an asset when it increases?

[wrycoder]

Because an asset account carries a debit balance.

Debts aren’t good or bad.

Just remember: “debits come in, credits go out”.