Accounting Equation: 6 Types and their Normal Balances Flashcards by Tomis Erwin | Brainscape

Q

Asset

A

Debit

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Q

Liability

A

Credit

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Q

Capital

A

Credit (Owner Equity)

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Q

Revenue

A

Credit (Owner Equity)

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Q

Expense

A

Debit (Owner Equity)

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Q

Draw

A

Debit (Owner Equity)

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