Which term is associated with "right" or "right side? - ProProfs Discuss
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Which term is associated with "right" or "right-side?

Asked by Arturo, Last updated: Sep 15, 2021

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J. Alfie

J. Alfie

I Write for myself and many other clients. Blog post, Article writing and writing for ProProfs is my daily thing.

J. Alfie
J. Alfie, Content Writer, Masters in Literature, Dallas,Texas

Answered Dec 15, 2020

The correct answer is “Accounting.”
Accounting and business-related topics are terms associated with “right” or “right-side.” The right side in accounting always represents the credit side of the financial account. The left side is automatically the debit side in bookkeeping.

The credit side of the accounting system represents the account of money received, and the debit side represents the account of money taken out. Assets are added on the left side, and liabilities as wells as equity are on the credit side. Also, in the accounting system, the sum total on the credit side must align with the total on the debit side.

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Olive landon

Olive landon

Science has been working for years in the health department and it has caught my attention since in was in school and I found it very intriguing.

Olive landon
Olive landon, Health science specialist, Master of Health Science (MHS), Logdon, Utah

Answered Sep 21, 2020

Although the term "right side" might be a very common term in different professions and might mean different things, the only profession that uses this term the most is in any business-related discipline. The term right side is known as a credit in financial accounting.

During business transactions, the terms which are used to determine whether accounts are increasing or decreasing are credit and debit. So, while debit usually represents the left side, the right side is the credit. The general rule in the accounting equation is that it must in balance always i.e., the total amount of credits must equal to that of debits.

On the balance sheet, we have the liabilities and equity at the right side or credit side, while assets are on the left side or debit side. On the left side, the debt will continue to increase and the credit will be decreasing. In contrast, Credit will be increasing at the right side, while Debit will be decreasing.

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