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5 Cards in this Set

  • Front
  • Back
Cash
Classification=Asset
Normal Balance=DR
Increase=DR
Decrease=CR
Permanent
Supplies
Classification=Asset
Normal Balance=DR
Increase=DR
Decrease=CR
Permanent
Prepaid Insurance
Classification=Asset
Normal Balance=DR
Increase=DR
Decrease=CR
Permanent
Acme, Inc.
Classification=Liability
Normal Balance=CR
Increase=CR
Decrease=DR
Permanent
Uptown Supply Co.
Classification=Liability
Normal Balance=CR
Increase=CR
Decrease=DR
Permanent