adjusting entries Flashcards
1
Q
1 categories
A
Pre paid expense
2
Q
2 categories
A
Unearned revenue
3
Q
3 categories
A
Accrued expenses
4
Q
4 categories
A
Accrued revenue
5
Q
5 categories
A
Depreciation
6
Q
Pre paid expense
A
Dr. Expense Cr. Asset
7
Q
Unearned revenue
A
Cr. Revenue Dr. Liability
8
Q
Accrued expenses
A
Dr expense Cr Liability
9
Q
Accrued revenue
A
Cr. Revenue Dr. Asset
10
Q
Depreciation
A
Dr. Expense Cr. Asset
11
Q
Zero RED accounts
A
close Revenue, Expense & Draws
12
Q
ALORE
A
Assets + Dr Liabilities + Cr Owner equity +Cr Revenue +Cr Expenses +Dr
13
Q
Debit / Credit
A
left / right
