T-Accounts
100
What side is the normal balance for the owner's capital account?
Credit
200
A list of accounts used by a business is called?
Chart of Accounts
300
What side increases when you have an increase in cash?
The left side (Debit)
400
A common error to assume when doing transactions are?
to assume that every transaction must affect accounts from both sides.
500
What type of loan do the (SBA) small business administration offer?
Private Lending
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