Assets and liabilities difference in ax 2012

Assets and liabilities:-
                   Items become the company’s property, the company assets and liabilities change, because the company’s inventory is increased. This operation generates transactions.
                   The inventory increases and the vendor liabilities also increase. Inventory is the company’s asset, so when the asset account is increased, the debit part is used (Debit is “good” for the company). The Vendor or Accounts payable are the company liabilities; when liabilities increase, the credit part is used (Credit is “bad” for the company). 

Inventory		Accounts payable
Debit	Credit	Debit	Credit
$30 750			$30 750

Chart of accounts, General journal, and General ledger:-
Chart of accounts: - The chart of accounts is a list of accounts,
General journal: - General journal is used to record transactions 
General ledger: - the General ledger contains the results of posting. It is usually divided into at least seven main categories. These categories generally include the assets, liabilities, owner’s equity, revenue, expenses, gains, and losses ,
The general ledger should always be in balance, thus maintaining the accounting equation:
Assets = Liabilities + Owner’s Equity.,

the General ledger is the Chart of accounts plus the Account transaction forms or, in other words, or the place where all information about the accounts and their transactions is stored