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Front

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20 Cards in this Set

  • Front
  • Back
Cash
Asset
Increase on Debit side
Sales
Owners Equity
Revenue
Increase on Credit side
Accounts Receivable
Asset
Increase on Debit side
Cost of Good Sold
Owners Equity
Expense
Increase on Debit side
Insurance Expense
Owners Equity
Expense
Increase on Debit side
Capital Stock
Owners Equity
Increase on Credit side
Mortgage Payable
Liability
Increase on Credit side
Salaries and Wages Expense
Owners Equity
Expense
Increase on Debit side
Retained Earnings
Owners Equity
Increase on Credit side
Salaries Payable
Liability
Increase on Credit side
Accounts Payable
Liability
Increase on Credit side
Interest Revenue
Owners Equity
Increase on Credit side
Inventory
Asset
Increase on Debit side
Interest Receivable
Asset
Increase on Debit side
Notes Payable
Liability
Increase on Credit side
Equipment
Asset
Increase on Debit side
Office Supplies
Asset
Increase on Debit side
Utilities Expense
Owners Equity
Expense
Increase on Debit side
Interest Payable
Liability
Increase on Credit side
Rent Expense
Owners Equity
Expense
Increase on Debit side