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18 Cards in this Set
- Front
- Back
Cash
|
...is a Dr balance account.
Thus, a Dr increases, and a Cr decreases Asset (BS) |
|
Accounts Receivable (A/R)
|
...is a Dr balance account.
Thus, a Dr increases, and a Cr decreases Asset (BS) |
|
Inventory
|
...is a Dr balance account.
Thus, a Dr increases, and a Cr decreases Asset (BS) |
|
Prepaid Insurance
|
...is a Dr balance account.
Thus, a Dr increases, and a Cr decreases Asset (BS) |
|
Prepaid Expenses
|
...is a Dr balance account.
Thus, a Dr increases, and a Cr decreases Asset (BS) |
|
Notes Receivable
|
...is a Dr balance account.
Thus, a Dr increases, and a Cr decreases Asset (BS) |
|
Land
|
...is a Dr balance account.
Thus, a Dr increases, and a Cr decreases Asset (BS) |
|
Equipment
|
...is a Dr balance account.
Thus, a Dr increases, and a Cr decreases Asset (BS) |
|
Buildings
|
...is a Dr balance account.
Thus, a Dr increases, and a Cr decreases Asset (BS) |
|
Accounts Payable (A/P)
|
...is a Cr balance account.
Thus, a Cr increases, and a Dr decreases Liability (BS) |
|
Unearned Revenue
|
...is a Cr balance account.
Thus, a Cr increases, and a Dr decreases Liability (BS) |
|
Income Tax Payable
|
...is a Cr balance account.
Thus, a Cr increases, and a Dr decreases Liability (BS) |
|
Notes Payable (N/P)
|
...is a Cr balance account.
Thus, a Cr increases, and a Dr decreases Liability (BS) |
|
Salaries Payable
|
...is a Cr balance account.
Thus, a Cr increases, and a Dr decreases Liability (BS) |
|
Owner's Capital
|
...is a Cr balance account.
Thus, a Cr increases, and a Dr decreases Equity (Equity) |
|
Revenue (All types)
|
...is a Cr balance account.
Thus, a Cr increases, and a Dr decreases Equity (IS) |
|
Owner's withdrawals
|
...is a Dr balance account.
Thus, a Dr increases, and a Cr decreases Equity (Equity) |
|
Expenses (All types)
|
...is a Dr balance account.
Thus, a Dr increases, and a Cr decreases. Equity (IS) |