asssets
This is in you wallet?
What is cash?
This is abbreviated AP?
What are accounts payable?
When an owner invests his money?
What is owner's equity.
A form for recording transactions?
What is a journal?
These are on the left side of the accounting equation?
What are Debits?
These help you produce goods?
What are supplies?
Recording transactions in a journal?
What is journalizing?
Making money?
What is revenue?
Recording transactions in a journal?
What is journalizing?
These are on the right side?
Credits
State Farm sells this?
What is prepaid insurance?
Recording of debit and credit parts.
What is double-entry accounting?
This is abbreviated AR?
What are accounts receivable?
A form with a brief message?
What is a memo?
A small amount of cash?
What is petty cash?
A form describing goods or services sold?
What is an invoice?