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Java Games: Flashcards, matching, concentration, and word search. |
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Accounting Terms
Match the items in Column A with the correct response in column B.
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| A | B |
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| Asset Account | Supplies |
| Liability Account | Accounts Payable |
| Owner's Equity | John Wessel, Capital |
| Asset Accounts have a normal balance of | Debit |
| Liability Accounts have a normal balance of | Credit |
| Owner's Equity Accounts have a normal balance of | Credit |
| Debit accounts have balances on which side | Left |
| Credit accounts have balances on which side | Right |
| The general journal is used for? | Daily transactions |
| The general ledger is used for? | Monthly transactions |
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Mandarin High School |
| Jacksonville, Florida |
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