BUS 181 East Mississippi Community College Debit and Credit in Accounting HW What do the terms ‘debit’ and ‘credit’ mean from an accounting perspective? Wh

BUS 181 East Mississippi Community College Debit and Credit in Accounting HW What do the terms ‘debit’ and ‘credit’ mean from an accounting perspective? What are the two primary rules of debits and credits? How do these impact the various types of accounts (assets, liabilities, expenses, revenues, distributions to owners, and equity)? How do they help ensure that an illogical journal entry cannot be made? Provide at least one example of an illogical entry. Why would this be illogical?Please provide one main post and two additional peer interactions. Your main post must be a minimum of 200 words (no quotes) that indicates an understanding of the concepts and materials; your one peer reply should be at least 75 words each. Your peer posts cannot be “Good job, Kelly! I agree with what you said”. These posts must further the discussion and add additional insights from your reading and research.