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10 Cards in this Set

  • Front
  • Back
Cash
Asset, Current Asset
Increase with Debit, Decrease with Credit
Normal Balance Debit
Balance Sheet, Statement of Cash Flows
Petty Cash
Asset, Current Asset
Increase with Debit, Decrease with Credit
Normal Balance Debit
Balance Sheet, Statement of Cash Flows
Cash equivalents
Asset, Current Asset
Increase with Debit, Decrease with Credit
Normal Balance Debit
Balance Sheet, Statement of Cash Flows
Short-term investments
Asset, Current Asset
Increase with Debit, Decrease with Credit
Normal Balance Debit
Balance Sheet
Accounts Receivable
Asset, Current Asset
Increase with Debit, Decrease with Credit
Normal Balance Debit
Balance Sheet
Allowance for Doubtful Accounts
Asset, Current Asset (coupled with accounts receivable)
Increase with Credit, Decrease with Debit
Normal Balance Credit (Contra-Asset Account)
Balance Sheet
Legal fees receivable
Asset, Current Asset
Increase with Debit, Decrease with Credit
Normal Balance Debit
Balance Sheet
Interest receivable
Asset, Current Asset
Increase with Debit, Decrease with Credit
Normal Balance Debit
Balance Sheet
Rent receivable
Asset, Current Asset
Increase with Debit, Decrease with Credit
Normal Balance Debit
Balance Sheet
Notes receivable
Asset, Current or Long-term Asset depending on due date
Increase with Debit, Decrease with Credit
Normal Balance Debit
Balance Sheet