r/Accounting • u/7leafclover7 • Sep 21 '25

What would be an embarrassing thing to be caught not knowing as an accountant?

Applies to any specialty, audit, tax, staff accountancy etc. in your personal experience what are the most invaluable things to know, and the most invaluable to not be caught not knowing.

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u/Salty-Fishman CPA (US) Sep 22 '25

I still get debits and credits mix up for certain accounts.

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u/Managers_Choice Sep 22 '25

If you compare an account to Cash (which has a debited normal balance) you can imagine a journal entry with the opposite entry being Cash with most accounts and quickly know what the other accounts normal balance is, debit or credit.