Accounting Chapter 2 Vocab
0.0(0)
Learn
Practice Test
Spaced Repetition
Match
FlashcardsCard Sorting
1/5
There's no tags or description
Looks like no tags are added yet.
Study Analytics
Name | Mastery | Learn | Test | Matching | Spaced |
|---|
No study sessions yet.
6 Terms
1
New cards
T Account
An accounting device used to analyze transactions
2
New cards
Debit
An amount recorded on the left side
3
New cards
Credit
An amount recorded on the right side
4
New cards
Normal balance
The side of the account that is increased
5
New cards
Chart of Accounts
A list of accounts used by a business
6
New cards
Accounts Payable
Amounts to be paid in the future for goods or services already acquired
Note 
Flashcards (71)