AUD PROBS Basics✨ Flashcards

1
Q

AR/NR/ Adv fr customers:

Beg. Balance- AR

A

Debit

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2
Q

AR/NR/ Adv fr customers:
Balance End- AR

A

Credit

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3
Q

AR/NR/ Adv fr customers:
Beg Bal- NR

A

Debit

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4
Q

AR/NR/ Adv fr customers
Balance End- NR

A

credit

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5
Q

AR/NR/ Adv fr customers
Bal End- Advances

A

Debit

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6
Q

AR/NR/ Adv fr customers
Beg Balance- Advances

A

Credit

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7
Q

AR/NR/ Adv fr customers
Sales on Account

A

Debit

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8
Q

AR/NR/ Adv fr customers
Sales Return and allowances

A

Credit

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9
Q

AR/NR/ Adv fr customers
Recoveries

A

Debit

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10
Q

AR/NR/ Adv fr customers
Sales discount

A

Credit

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11
Q

AR/NR/ Adv fr customers
Collection including recoveries

A

Credit

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12
Q

AR/NR/ Adv fr customers
Write-off

A

Credit

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13
Q

AP/NP/ Trade & Advances to Sups
Balance End-AP

A

Debit

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14
Q

AP/NP/ Trade & Advances to Sups
Beg Balance-AP

A

Credit

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15
Q

AP/NP/ Trade & Advances to Sups
Bal End-NP

A

Debit

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16
Q

AP/NP/ Trade & Advances to Sups
Beg. Balance - NP

A

Credit

17
Q

AP/NP/ Trade & Advances to Sups
Beg. Balance- Advances

A

Debit

18
Q

AP/NP/ Trade & Advances to Sups
Bal. End-Advances

A

Credit

19
Q

AP/NP/ Trade & Advances to Sups
Purchases

A

Credit

20
Q

AP/NP/ Trade & Advances to Sups
Purchase return and allowances

A

Debit

21
Q

AP/NP/ Trade & Advances to Sups
Purchase Discount

A

Debit

22
Q

AP/NP/ Trade & Advances to Sups
Payments

A

Debit

23
Q

Allowance for doubtful acc
Balance End

A

Debit

24
Q

Allowance for doubtful acc
Beg. Balance

A

Credit

25
Q

Allowance for doubtful acc
Accounts written off

A

Debit

26
Q

Allowance for doubtful acc
Recoveries

A

Credit

27
Q

Allowance for doubtful acc
Doubtful accounts

A

Credit

28
Q

Merchandise Inventory
Beg. Bal

A

Debit

29
Q

Merchandise Inventory
Balance End-

A

Credit

30
Q

Merchandise Inventory
Net Purchase

A

Debit

31
Q

Merchandise Inventory
Cost of Sales

A

Credit

32
Q

AP TRADE
Bal. End- AP

A

Debit

33
Q

AP TRADE
Beg. Balance -AP

A

Credit

34
Q

AP TRADE
Purchase Return and Allowances

A

Debit

35
Q

AP TRADE
Purchases

A

Credit

36
Q

AP TRADE
Purchase Discount

A

Debit

37
Q

AP TRADE
Payments

A

Debit