Shared Flashcard Set

Details

Debit Or Credit On Accounts
Memorizing whether credit or debit is positive on certain accounts.
6
Accounting
09/24/2010
Click here to study/print these flashcards.

Create your own flash cards! Sign up here.

Additional Accounting Flashcards

 

 

Cards

Term
Are Assets Positive for Debits?
 Definition
Yes
Term
Are Liabilities Positive for Debits?
 Definition
No
Term
Is Equity Positive for Debits?
 Definition
No
Term
Are Expenses Positive for Debits?
 Definition
Yes
Term
Is Revenue Positive for Debits?
 Definition
No
Term
Are Dividends Positive for Debits?
 Definition
Yes