TVS Accounting1-2 Word Scramble
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Question | Answer |
An accounting device used to analyze transactions | T-Account |
An amount recorded on the left side | Debit |
An amount recorded on the right side | Credit |
The side of the account that is increased | Normal Balance |
A list of accounts used by a business | Chart of Accounts |
Normal Balance of Supplies | Debit |
Normal Balance of Cash | Debit |
Decrease side of an Asset | Credit |
Normal Balance of Accounts payable Accounts | Credit |
Decrease side of a Liability | Credit |
Normal Balance of Capital | Credit |
Normal Balance of Sales | Credit |
Normal Balance of Expense Accounts | Debit |
Normal Balance of Drawing | Debit |
Decrease side of Capital | Debit |
Created by:
TammieVanScyoc
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