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Accounting A004
Accounts - Normal Balances
14
Accounting
Undergraduate 1
10/18/2011
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Term
Cash - Normal Balance
 Definition
Debit
Term
Accounts receivable - Normal Balance
 Definition
Debit
Term
Equipment - Normal Balance
 Definition
Debit
Term
Vehicles - Normal Balance
 Definition
Debit
Term
Prepaid Insurance - Normal Balance
 Definition
Debit
Term
Accounts Payable - Normal Balance
 Definition
Credit
Term
Notes Payable - Normal Balance
 Definition
Credit
Term
Owner's Equity (opening) - Normal Balance
 Definition
Credit
Term
Revenue - Normal Balance
 Definition
Credit
Term
Profit - Normal Balance
 Definition
Credit
Term
Salaries expense - Normal Balance
 Definition
Debit
Term
Rent Expense - Normal Balance
 Definition
Debit
Term
Insurance expense - Normal Balance
 Definition
Debit
Term
Supplies expense - Normal Balance
 Definition
Debit
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