Debits & Credits Flashcards
1
Q
Cash
A
Debit
2
Q
Accounts Receivable
A
Debit
3
Q
Inventory
A
Debit
4
Q
Supplies
A
Debit
5
Q
Equipment
A
Debit
6
Q
Accumulated Depreciation-Equipment
A
Credit
7
Q
Notes Payable
A
Credit
8
Q
Accounts Payable
A
Credit
9
Q
Common Stock
A
Credit
10
Q
Retained Earnings
A
Credit
11
Q
Sales Revenue
A
Credit
12
Q
Sales Returns/Allowances
A
Debit
13
Q
Cost of Goods Sold
A
Debit
14
Q
Salaries and Wages Expense
A
Debit
15
Q
Advertising Expense
A
Debit
