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Front
How to study your flashcards.
Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key
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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 |
