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Accounting 101 > Account Normal Balances > Flashcards

Account Normal Balances Flashcards

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1
Q

Cash

A

Debit

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2
Q

Petty Cash

A

Debit

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3
Q

Accounts Receivable

A

Debit

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4
Q

Interest Receivable

A

Debit

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5
Q

Rent Receivable

A

Debit

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6
Q

Inventory

A

Debit

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7
Q

Supplies

A

Debit

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8
Q

Prepaid Insurance

A

Debit

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9
Q

Prepaid Rent

A

Debit

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10
Q

Land

A

Debit

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11
Q

Equipment

A

Debit

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12
Q

Buildings

A

Debit

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13
Q

Vehicles

A

Debit

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14
Q

Investments

A

Debit

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15
Q

Notes Receivable

A

Debit

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16
Q

Accounts Payable

A

Credit

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17
Q

Notes Payable

A

Credit

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18
Q

Salaries & Wages Payable

A

Credit

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19
Q

Income Taxes Payable

A

Credit

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20
Q

Interest Payable

A

Credit

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21
Q

Dividends Payable

A

Credit

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22
Q

Bonds Payable

A

Credit

23
Q

Mortgage Payable

A

Credit

24
Q

Credit Card Payable

A

Credit

25
Q

Sales Tax Payable

A

Credit

26
Q

Unearned Revenue

A

Credit

27
Q

Warranty Liability

A

Credit

28
Q

Capital

A

Credit

29
Q

Service Revenue

A

Credit

30
Q

Sales

A

Credit

31
Q

Interest Income

A

Credit

32
Q

Rent Revenue

A

Credit

33
Q

Advertising Expense

A

Debit

34
Q

Amortization Expense

A

Debit

35
Q

Bad Debt Expense

A

Debit

36
Q

Depreciation Expense

A

Debit

37
Q

Income Tax Expense

A

Debit

38
Q

Insurance Expense

A

Debit

39
Q

Rent Expense

A

Debit

40
Q

Interest Expense

A

Debit

41
Q

Salaries & Wages Expense

A

Debit

42
Q

Supplies Expense

A

Debit

43
Q

Utilities Expense

A

Debit

44
Q

Repairs Expense

A

Debit

45
Q

Payroll Tax Expense

A

Debit

46
Q

Warranty Expense

A

Debit

47
Q

Cost of Goods Sold

A

Debit

48
Q

Withdrawals

A

Debit

49
Q

Accumulated Depreciation

A

Credit

50
Q

Sales Returns & Allowances

A

Debit

51
Q

Sales Discounts

A

Debit

52
Q

Purchase Returns & Allowances

A

Credit

53
Q

Purchase Discounts

A

Credit

54
Q

Allowance for Doubtful Accounts

A

Credit

Accounting 101 (4 decks)

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