Shared Flashcard Set

Details

Title

Accounting Chapter 2

Description

vocab

Total Cards

Subject

Accounting

Level

9th Grade

Created

01/20/2009

Click here to study/print these flashcards.

Create your own flash cards! Sign up here.

Additional Accounting Flashcards

Term

T account

Definition

An accounting device used to analyze transactions

Term

Debit

Definition

An amount recorded on the left side of a T account.

Term

Credit

Definition

An amount recorded on the right side of a T account.

Term

Normal Balance

Definition

The side of the account that is increased

Term

Chart of Accounts

Definition

A list of accounts used by a business.