Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

FIN ACCT PRIN > Account Credits and Debits > Flashcards

Account Credits and Debits Flashcards

1
Q

Assets

A

Increase: Debit
Decrease: Credit
Normal Balance: Debit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Expenses

A

Increase: Debit
Decrease: Credit
Normal Balance: Debit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Dividends

A

Increase: Debit
Decrease: Credit
Normal Balance: Debit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Liabilities

A

Increase: Credit
Decrease: Debit
Normal Balance: Credit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Revenues

A

Increase: Credit
Decrease: Debit
Normal Balance: Credit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Common Stock

A

Increase: Credit
Decrease: Debit
Normal Balance: Credit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly

FIN ACCT PRIN (2 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions