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9 Cards in this Set

  • Front
  • Back

Cash

Asset, Debit Normal Balance

Supplies

Asset, Debit Normal Balance

Prepaid Insurance

Asset, Debit Normal Balance

Accounts Receivable

Asset, Debit Normal Balance

Accounts Payable

Liability, Credit Normal Balance

Owner's Capital

Owner's Equity, Credit Normal Balance

Owner's Drawing

Owner's Equity, Debit Normal Balance

Sales

Owner's Equity (Revenue), Credit Normal Balance

Expenses

Owner's Equity (Expense), Debit Normal Balance