| A | B |
|---|
| Revenue | An increse in owner's equity resulting from the operation of a business. |
| Expense | A decrease in owner's equity resulting from the operation of a business. |
| Withdrawal | Assets taken out of a business for the owner's personal use. |
| Cash and Capital (Investment) | The accounts affected when receiving cash from the owner as an investment. |
| Cash and Supplies | The accounts affected when paying cash for supplies. |
| Cash and Prepaid Insurance | The accounts affected when paying cash for insurance. |
| Supplies and a Liability Account | The accounts affected when buying supplies on account with a company. |
| Cash and a Liability Account | The accounts affected when paying cash on account with a company. |
| Cash and Capital (Revenue Account) | The accounts affected when receiving cash from sales. |
| Cash and Capital (Expense Account) | The accounts affected when paying cash for an expense. |
| Cash and Capital (Withdrawal) | The accounts affected when an owner takes out cash for personal use. |
