Debit/Credit Normal Flashcards by Sarah Parker

Q

cash

A

debit

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Q

inventory

A

debit

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Q

accounts receivable

A

debit

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Q

allowance for doubtful accounts

A

credit

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Q

notes receivable

A

debit

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Q

interest receivable

A

debit

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Q

prepaid rent

A

debit

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Q

intangible assets

A

debit

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Q

property, plant, and equipment

A

debit

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Q

accumulated depreciation

A

credit

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Q

accounts payable

A

credit

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Q

unearned revenue

A

credit

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Q

income tax payable

A

credit

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Q

current debt

A

credit

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Q

long-term debit

A

credit

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Q

common stock

A

credit

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Q

retained earning

A

credit

Q

revenue

A

credit

Q

interest revenue

A

credit

Q

cost of goods sold

A

debit

Q

bad debt expense

A

debit

Q

depreciation expense

A

debit

Q

rent expense

A

debit

Q

goodwill

A

debit

Q

gift card liability

A

credit

Q

dividend payable

A

credit

Q

note payable

A

credit

Q

bonds payable

A

credit

Q

bond discout

A

debit

Q

bond premium

A

credit

Q

preferred stock

A

credit

Q

additional paid-in capital

A

credit

Q

additional paid-in capital - treasury

A

credit

Q

treasury stock

A

debit

Q

stock dividend distributable

A

credit

Q

cash dividend

A

debit

Q

stock dividend

A

debit

Q

breakage revenue

A

credit

Q

gain on sale of PPE

A

credit

Q

interest expense

A

debit

Q

impairment loss

A

debit

Q

loss on sale of PPE

A

debit