Debit or Credit Account Flashcards
(34 cards)
Accounts Receivable
Debit account, Asset, BS
Account Payable
Credit account, Liability, BS
Advertising Expense
Debit Account, Expense, IS
Capital Stock
Credit Account, Owners Equity, BS
Cash
Debit Account, Asset, BS
Computer Equipment
Debit Account, Asset, BS
Computer Repair Expense
Debit Account, Expense, IS
Computer Supplies
Debit Account, Asset, BS
Dividens
Debit Account, Owners Equity, RE
Insurance Expense
Debit Account, Expense, IS
Interest Expense
Debit Account, Expense, IS
Interest Payable
Credit Account, Liability, BS
Note Payable
Credit Account, Liability, BS
Notes Receivable
Debit Account, Asset, BS
Office Equipment
Debit Account, Asset, BS
Office Fruniture
Debit Account, Asset, BS
Office Supplies
Debit Account, Asset, BS
Office Supply Expense
Debit Account, Expense, IS
Prepaid Insurance
Debit Account, Asset, BS
Prepaid Rent
Debit Account, Asset, BS
Retained Earnings
Credit Account, Owners Equity, BS
Salary Payable
Credit Account, Liability, BS
Service Revenue
Credit Account, Revenue, IS
Unearned Revenue
Credit Account, Liability, BS