Summary: In this particular episode, you will learn Memorizing something - yup The Debits & Credits Rap is designed to help teach the debits and credits accounting concept in an entertaining way. Accounting Play and I trying to get paid Debit assets up, credit them down San Francisco livin’ - up town Now listen up - to the CPA sound Hook: Debit cash up, credit down Other side now, flip around I got revenue credits, expenses as debits Expense increases with debits and decreases with credits Debit left, credit right - balance sheet so tight Liability, not for me you see Drop down with a debit, come up with a credit I ain’t no nerd, no cash deferred Down down with a debit, up up with a credit Reppin’ S.F.C., profits - to equity Drop down with a debit, come up with a credit Earnings retained, CPA brains Down down with a debit, up up with a credit Hook: Debit cash up, credit down Other side now, flip around I got revenue credits, expenses as debits Debit left, credit right - balance sheet so tight Revenue credits, expenses as debits Fo’ my profit and loss, CPA Boss Revenue credits to the sky so high Without a doubt - expenses debit out Balance sheet impeccable, assets, and capital Accounting Play for the Bay out rapable Bonds is owned and yours is payable independent now, I ain’t for sale bro Hook: Debit cash up, credit down Other side, now flip around I got revenue credits, expenses as debits Debit left, credit right – balance sheet so tight Debit left, credit right – balance sheet so tight Debit left, credit right – balance sheet so tight Summary The Debits & Credits rap is designed to make the debits and credits concept more easily memorable and fun. There is also a dance to go along with the hook. By analyzing the song in the context of T-accounts and tracing through the concepts, you can deepen your understanding in this area. If you have your own version of the song and dance, please post. It is always appreciated.
