Understanding debit and credit

According to bookkeeping General Accepted Accounting Principles (GAAP), debit and credit refer to type of account and entries to accounts.
Entries to the left side of the an account are debits (DR), and accounts with left sided balances (asset accounts and expense accounts) are debit accounts. Entries to the right side of the an account are credits (CR), and accounts with right sided balances (liability accounts, owners’ equity accounts, and revenue and profit accounts) are credit accounts.

Beef Salad Recipe

Ingredients
• 8 ounces extra lean beef tenderloin
• 1/4 teaspoons black pepper, optional
• 1/4 teaspoons salt, to taste, optional
• 8 ounces sliced onion
• 8 ounces chopped green bell peppers
• 2 tablespoons sun dried tomato salad dressing
• 4 large tomatoes
• 1 head green lettuce leaf
• 2 teaspoons chopped parsley
Directions
• Preheat oven broiler.
• Line large salad bowl with lettuce and mound salad into center.
• Sprinkle parsley over salad and serve in individual salad bowls.
• Season steak with salt and pepper, if desired.
• Place steak on broiler pan, 6-inch from heat source, cook 8 minutes per side for medium-rare.
• Remove steak from oven, allow to cool.
• Slice meat into bite-sized cubes.
• In mixing bowl, combine beef, onions, peppers, and dressing. Refrigerate at least 1 hour.
• Wash and core tomatoes before cutting into wedges.
• Add tomatoes to meat mixture and toss.
• Rinse lettuce in cold water, pat dry or use salad spinner to remove any water.
• Line large salad bowl with lettuce and mound salad into center.
• Sprinkle parsley over salad and serve in individual salad bowls.

Nutrition Facts: 1 serving equals 182 calories, 4 g fat (1 g saturated fat), 141 mg sodium, 26 g carbohydrate, 15 g protein. Diabetic Exchanges: 4-1/4 vegetable, 1 meat, 1/4 fat.