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Terms
Debit Or Credit
Random
100
what side does an asset go on?
Debit
300
The peroid of time over which the earnings of a business are measured.
What is accouting peroid
300
the owner takes out a computer from the business for his personal account use, the drawing account will have a ___ entry
What is debit
400
A revenue account normally has a___ account
What is Credit
500
list the accounting cycle order... ledger accounts adjusted and closed, trial balance perpared, transaction occur, post-closing prepared, worksheet prepared, journal entries posted leger accounts,formal fiancial statements, transactions recorded
1.transaction occur 2.transactions recorded 3.journal entries posted leger accounts 4. trial balance perpared 5.worksheet prepared 6.formal fiancial statements 7.ledger accounts adjusted and closed 8.post-closing prepared