What's the normal balance side of any asset?, debit, credit, What is the increase side of any asset?, debit, credit, What is the decrease side of any asset?, debit, credit, What is the increase side of any liability?, debit, credit, What is the decrease side of any liability?, debit, credit, What is the normal balance side of any liability?, debit, credit, What is the normal balance side of the owner's capital account?, debit, credit, What is the increase side of the owner's capital account?, debit, credit, What is the decrease side of the owner's capital account?, debit, credit, Classify Cash, asset, liability, owner's equity, Classify Jen Jenkins, Capital, asset, liability, owner's equity, Classify Accounts Payable--Office Depot, asset, liability, owner's equity, Classify Accounts Receivable--Gina Magee, asset, liability, owner's equity, Classify Supplies, asset, liability, owner's equity, Classify Prepaid Insurance, asset, liability, owner's equity, Classify Prepaid Insurance, asset, liability, owner's equity, Classify Accounts Payable--Wagner Industries, asset, liability, owner's equity, What is the left side of a T-Account called?, debit, credit, What is the right side of a T-Account called?, debit, credit, What is the accounting equation?, assets = liabilities + owner's drawing, assets = liabilities - owner's equity, assets = liabilities + owner's equity, assets = liabilities - owner's drawing, What is the normal balance side of the Sales account?, debit, credit, What is the increase side of the Sales account?, debit, credit, What is the decrease side of the Sales account?, debit, credit, What is the increase side of any expense account?, debit, credit, What is the decrease side of any expense account?, debit, credit, What is the increase side of the drawing account?, debit, credit, What is the decrease side of the drawing account?, debit, credit, What is the classification of the owner's drawing account?, asset, liability, owner's equity, What is the classification of the Sales account?, asset, liability, revenue
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Chapter 2 Normal Balance Game
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Elenacharles
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