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PENNFOSTER MOD 1

QuestionAnswer
INCREASE IN ASSETS DEBIT
DECREASE IN ASSETS CREDIT
INCREASE IN LIABILITIES CREDIT
DECREASE IN LIABILITIES DEBIT
INCREASE IN OWNER'S EQUITY CREDIT
DECREASE IN OWNER'S EQUITY DEBIT
INCREASE IN REVENUES CREDIT
DECREASE IN REVENUES DEBIT
INCREASE IN EXPENSES DEBIT
DECREASE IN EXPENSES CREDIT
AN ENTRY ON THE LEFT SIDE OF AN ACCOUNT DEBIT
AN ENTRY ON THE RIGHT SIDE OF AN ACCOUNT CREDIT
Created by: I491RLM
Popular Accounting sets

 

 



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