Acctg I - Ch 3
| Description: | Maplewood Rice Acctg Vocab Ch 13 |
| Category: | Accounting |
| Created by: | lrice@penncrest.org on 2009-10-07 |
| Question | Answer |
| T account | An accounting device used to analyze transactionas |
| Debit | An amount recorded on the left side |
| Credit | An amount recorded on the right side |
| Normal Balance | The side of the account that is increased |
| Chart of accounts | A list of accounts used by a business |
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