Accounting 1
Accounting 2
Accounting 3
Accounting 4
Accounting 5
100

Right side of a T Account

What is Credit

100
Side that is increased
What is Normal balance
100
Tool that is used by accountants to analyze transactions
What is T Accounts
100
List of all accounts a business uses
What is Chart of accounts
100

Something accounts are grouped in

What is a Ledger

200
Financial record keeping system in which each transaction affects at least 2 accounts
What is Double Entry Accounting
200
By something but agree to pay later
What is buy on account
200
Credit
What is Right Side of the T account
200
Capital
What is Owner's Equity
200
Agree to pay them later
What is Accounts payable
300
Revenue
What is money earned from a service
300
Accounts Recievable
What is Asset
300
Using personal things for your business
What is an investment
300
Write a check
What is Cash in bank
300
Cash In Bank
What is Asset
400
Office Equipment
What is an Asset
400
Agree to pay you later
What is Accounts Recievable
400
Debit
What is Left side of a T account
400
Account Payable
What is Liability
400
Assets=Liabilities+Owner's Equity
What is the accounting equation
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