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Great explanation of debits and credits! Understanding the basics of these accounting terms is essential, especially for managing business finances. Debits and credits are fundamental for tracking transactions, and the same principle can be applied when thinking about cash flow in digital marketing campaigns. For example, tracking investments in ads or monitoring returns on digital marketing spend is crucial. Having a solid grasp of financial concepts like these helps businesses make better decisions when allocating budgets for digital marketing strategies.

Debit means left and credit means right. Hope this helps!