Chapter 3- CR/DR Flashcards

0
Q

Increase-cash

A

Debit

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1
Q

Normal Balance- cash

A

Debit

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2
Q

Decrease- cash

A

Credit

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3
Q

Normal Balance-supplies

A

Debit

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4
Q

Increase-supplies

A

Debit

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5
Q

Decrease-supplies

A

Credit

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6
Q

Normal Balance-prepaid insurance

A

Debit

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7
Q

Increase- prepaid insurance

A

Debit

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8
Q

Decrease-prepaid insurance

A

Credit

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9
Q

Normal Balance-account receivable

A

Debit

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10
Q

Increase- Account Receivable

A

Debit

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11
Q

Decrease-account receivable

A

Credit

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12
Q

Normal Balance-account payable

A

Credit

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13
Q

Increase-account payable

A

Credit

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14
Q

Decrease-account payable

A

Debit

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15
Q

Normal Balance- capital

A

Credit

16
Q

Increase-capital

A

Credit

17
Q

Decrease-capital

A

Debit

18
Q

Normal Balance- revenue

A

Credit

19
Q

Increase -revenue

A

Credit

20
Q

Normal Balance-expense

A

Debit

21
Q

Normal Balance- drawing

A

Debit

22
Q

Normal Balance-asset

A

Debit

23
Q

Increase-asset

A

Debit

24
Q

Decrease-asset

A

Credit

25
Q

Normal Balance-liability

A

Credit

26
Q

Increase-liability

A

Credit

27
Q

Decrease-liability

A

Debit

28
Q

Normal Balance-owners equity

A

Credit

29
Q

Increase -owners equity

A

Credit

30
Q

Decrease-owners equity

A

Debit

31
Q

Normal Balance-expenses

A

Debit

32
Q

Increase- expenses

A

Debit

33
Q

Normal Balance-withdrawals

A

Debit

34
Q

Increase-withdrawals

A

Debit

35
Q

Normal Balance- unearned revenue

A

Credit

36
Q

Increase-unearned revenue

A

Credit

37
Q

Decrease-unearned revenue

A

Debit