click below
click below
Normal Size Small Size show me how
A1C2
Accounting 1 Chapter 2
Term | Definition |
---|---|
chart of accounts | a list of accounts used by a business |
credit | an amount recorded on the right side of a T account |
debit | an amount recorded on the left side of a T account |
normal balance | the side of the account that is increased |
T account | an accounting device used to analyze transactions |