Increase decrease Flashcards

1
Q

Credit income account

A

Increase

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2
Q

Debit income account

A

Decrease

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3
Q

Credit capital account

A

Increase

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4
Q

Debit capital account

A

Decrease

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5
Q

Debit receivables

A

Increase

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6
Q

Credit receivables

A

Decrease

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7
Q

Debit payables

A

Decrease

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8
Q

Credit payables

A

Increase

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9
Q

Debit bank

A

Increase

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10
Q

Credit bank

A

Decrease

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11
Q

Debit petty cash

A

Increase

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12
Q

Credit petty cash

A

Decrease

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13
Q

Debit equipment

A

Increase

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14
Q

Credit equipment

A

Decrease

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15
Q

Debit expense account

A

Increase

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16
Q

Credit expense account

A

Decrease

17
Q

Debit asset account

A

Increase

18
Q

Credit asset account

A

Decrease

19
Q

Debit liability account

A

Decrease

20
Q

Credit liability account

A

Increase