Ep 10 – What is a Balance Sheet Telling Me?


Episode 10 – What is a Balance Sheet Telling Me?


Recorded: December 15, 2020

Released: December 15, 2020

Intro by Clive Castle

Sounds by ZapSplat


In the second installment of the 3-part series on what the main financial statements are telling you, Patrick explains the Balance Sheet.


004 – Debits and Credits

Episode 4 – Debits and Credits


Recorded: April 14, 2020

Released April 14, 2020

Intro by Clive Castle

Sounds by Zapsplat


In this episode, Patrick explains the difference between debits and credits. To best understand this concept, simply remember that Debits exist on the left side of an accounting transaction and credits exist on the right side.

Debits do NOT mean Increase in every situation and Credits do NOT mean Decrease in every situation! It all depends on the type of account. For Asset accounts, Debits increase the balance and Credits decrease the balance. For Liability and Equity accounts, Credits increase the balance and Debits decrease the balance. Listen to the episode to learn more!

We have added some resources below to help you better understand Debits and Credits. Please let us know if these help. We are enjoying making these!

Debits Credits Infographic (PDF)


If you like what you hear, please Follow or Subscribe depending on where you listen to your podcasts and tell a friend or colleague that you feel could benefit. We thank you for listening to The Better Bookkeeper Podcast.

003 – Cash vs Accrual Methods


Episode 3 – Cash Method versus Accrual Method

Recorded: April 7, 2020

Released: April 7, 2020


In this week’s episode, Patrick talks about the two different methods of accounting: cash vs accrual. He explains the benefits of each and which one he feels is better.