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Related Flashcards
Related Topics
Cards In This Set
| Front | Back |
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A debit to a revenue will ________ it.
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Decrease
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To increase an asset you have to _____ it.
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Debit
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It takes a _____ to decrease Accounts Payable.
|
Debit
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The normal balance is the ________ side of the account.
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Increase
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An accounts receivable is decreased with a ______.
|
Credit
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Supplies are classified as _____.
|
Asset
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An expense has a normal balance of _____.
|
Debit
|
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A(n) ______ will cause Capital to be increased.
|
Credit
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An investment by the owner will increase _______.
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Capital
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Credits to cash will ________ it.
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Decrease
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Anything of value that is owned is considered to be a(n) _____.
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Asset
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Owner investing money into the company will ________ the _______.
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Increase, capital
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Accounts receivable is considered to be a(n) _____ account.
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Asset
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Accounts payable is considered to be a(n) _________ account.
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Liability
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The normal balance for an asset account is _____.
|
Debit
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