When teaching this class in person, the biggest question is always "how do we keep all these terms straight?" As a recommendation, Illustration 2.12 (Summary of Debit/Credit Rules) on page 2-7 is a very important reference tool. So that being said, for this discussion I would like you to share with us how YOU keep these terms straight! Which of these illustrated steps helped you analyze/ understand the concept of transaction analysis the most? How do you remember which accounts have a normal balance of debit or credit? What tricks help you to determine which accounts need to be increased or decreased? Did you memorize which accounts are on the Balance Sheet or Income Statement? ummary of Debit/Credit Rules ansaction, total debits must equal total credits in order to keep the accounting equation in balance. ILLUSTRATION 2.12 Summary of debit/credit rules