Are debits or credits listed first in journal entries? Are debits or credits indented?
Debits are listed first in the journal entries because, as per the double entry system, the entries are recorded in a journal format. Therefore, Debits listed first in journal entries. Credits indented the journal entries, it means the account title to be credited is written on the second line leaving sufficient margin on the left side starting with the prefix "To". The way of recording in a journal is
quite different from normal recording. Journal entry is recorded in journal format in which
the ‘Debit Amount’ column is listed before the ‘Credit Amount’ column.
Credits are indented. Indentation is leaving a space before writing any word. Journal entry
has its own jargon. While journalising, in the ‘Particulars’ column of journal format, debited
account is written first and credited account is in the next line leaving some space, which is
indentation.