Is An Entry a Debit or a Credit?

If you have trouble remember which accounts to debit and which ones to credit, here is a very easy cheat sheet:

Asset Accounts: debit (increase) - credit (decrease)
Liability Accounts: credit (increase) - debit (decrease)
Equity Accounts: credit (increase) - debit (decrease)
Expense, Revenue, and Draw Accounts- debit (increase) - credit (decrease)