Accounting bookkeep1
| Description: | Accounting Bookkeeping |
| Category: | Accounting |
| Created by: | itucker39 on 2009-06-26 |
| Question | Answer |
| An entry on the right side of an account | Credit |
| Will increase and asset account | Debit |
| Will decrease the balance in Account Payable. | Debit |
| A general journal entry will have this listed first. | Debit |
| The normal balance for Rent Expense | Debit |
| To decrease Accounts Receivable | Credit |
| The expected balance in Prepaid Insurance. | Debit |
| A negative Cash balance will have this account balance. | Credit |
| Will increase the account Inventory. | Debit |
| The expected balance in the account Petty Cash. | Debit |
| The usual entry for an expense. | Debit |
| Will increase a liability account. | Credit |
| An entry on the left side of an account. | Debit |
| A revenue account's normal balance. | Credit |
 |
|
|
|
|
|
|
|
||||||||
|
|
|
|
|
|
|
|
|
|
Favorite Labeled Images
Science Vocab 147928
Spanish 3
Ch.18 LTI-MA 509
mr. charles11
HHS Shrek
Buen Viaje lv.2 ch 8
500 Words
Science Vocab 147928
Spanish 3
Ch.18 LTI-MA 509
mr. charles11
HHS Shrek
Buen Viaje lv.2 ch 8
500 Words
