How to decide whether the amount needs to be dr or cr

Tushar Dave (AVP) (33 Points)

08 April 2014  

I am always confused when to pass the entry in debit side versus credit side. Is there rule for this?

I know there is a concept of accounting groups like sundry debtors, sundry creditors, loans & advances, etc.. is there a fixed rule by which i can decide when a journal entry is made, which side goes in debit and which side goes in credit.