Normal Balances Flashcards
1
Q
Assets
A
Debit
2
Q
Liabilities
A
Credit
3
Q
Owner’s Equity
A
Credit
4
Q
Stockholders’ Equity
A
Credit
5
Q
Owner’s Drawing
A
Debit
6
Q
Dividends Account
A
Debit
7
Q
Revenue
A
Credit
8
Q
Expenses
A
Debit
9
Q
Gains
A
Credit
10
Q
Losses
A
Debit
