Flashcards
t-accounts
Cards in this deck (9)
- 1Balance Sheeta statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
- 2Asset+Debit
-Credit - 3Liabilities-Debit
+Credit - 4Equity-Debit
+Credit - 5Revenues-Debit
+Credit - 6Gains-Debit
+Credit - 7Expenses+Debit
-Credit - 8Losses+Debit
-Credit - 9Withdrawals+Debit
-Credit
Information
- Description
- record of increase and decrease through ebit.
- Created by
- LynnDee Romrell · Sep 2017
- Updated
- Sep 22, 2017
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- 14
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