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3 Cards in this Set

  • Front
  • Back
What are the five categories of accounting?
Assets
Liabilites
Owners Equity
Revenue
Expenses
What are account examples?
Assets-CASH-OWN
Liabilities-A/P-OWE
O.E-OWNERS CAPITAL-HAVE
Revenue-RENT EXPENSE-EARN
Expenses-SUPPLIES-COST
What categories are on the balance sheet?
assets, liabilities, o.e, revenue, expenses