Credit or Debit?
Vocabulary
Account Titles
Miscellaneous
100
Cash
What is normal debit side?
100
Planning, recording, analyzing and interpreting financial information.
What is Accounting?
100
This is what the company is worth.
What is Capital or Owners Equity?
100
Under the Sea.
What is Homecoming's theme this year?
200
Accounts Payable
What is normal balance credit side?
200
A business owned by one person.
What is a Proprietorship?
200
The name of the account when you purchase on account.
What is Accounts Payable.
200
$400 Million
What is last nights Powerball winning amount?
300
Sales
What is a normal credit balance?
300
Financial reports that summarize the financial condition and operations of a business.
What are financial statements?
300
This is the name of the account affected when selling on account.
What is accounts receivable?
300
The 2013 Miss America Pageant winner was of this descent.
What is Indian.
400
Rent Expense
What is a normal debit balance?
400
A decrease in owner's equity resulting from the operation of a business
What are expenses?
400
When a company brings money into the business via their goods or services.
What are Revenues?
400
This update just came out for Apple products.
What is iOS7
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