Debit or Credit Account Flashcards

(34 cards)

0
Q

Accounts Receivable

A

Debit account, Asset, BS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
1
Q

Account Payable

A

Credit account, Liability, BS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Advertising Expense

A

Debit Account, Expense, IS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Capital Stock

A

Credit Account, Owners Equity, BS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Cash

A

Debit Account, Asset, BS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Computer Equipment

A

Debit Account, Asset, BS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Computer Repair Expense

A

Debit Account, Expense, IS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Computer Supplies

A

Debit Account, Asset, BS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Dividens

A

Debit Account, Owners Equity, RE

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Insurance Expense

A

Debit Account, Expense, IS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Interest Expense

A

Debit Account, Expense, IS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Interest Payable

A

Credit Account, Liability, BS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Note Payable

A

Credit Account, Liability, BS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Notes Receivable

A

Debit Account, Asset, BS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Office Equipment

A

Debit Account, Asset, BS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Office Fruniture

A

Debit Account, Asset, BS

16
Q

Office Supplies

A

Debit Account, Asset, BS

17
Q

Office Supply Expense

A

Debit Account, Expense, IS

18
Q

Prepaid Insurance

A

Debit Account, Asset, BS

19
Q

Prepaid Rent

A

Debit Account, Asset, BS

20
Q

Retained Earnings

A

Credit Account, Owners Equity, BS

21
Q

Salary Payable

A

Credit Account, Liability, BS

22
Q

Service Revenue

A

Credit Account, Revenue, IS

23
Q

Unearned Revenue

A

Credit Account, Liability, BS

24
Utilities Expense
Credit Account, Expense, IS
25
Accumulation Depreciation
Credit Account, Asset, BS
26
Cost of Merchandise Sold
Debit Account, Expense, IS
27
Credit Card Expense
Debit Account, Expense, IS
28
Delivery Expense
Debit Account, Expense, IS
29
Merchandise Inventory
Debit Account, Asset, BS
30
Sales
Credit Account, Revenue, IS
31
Sales Discount
Debit Account, Revenue, IS
32
Sales Return & Allowances
Debit Account, Revenue, IS
33
Sales Tax Payable
Credit Account, Liability, BS