CH2: Accounting Terms
Flashcard
•
Business
•
11th Grade
•
Hard
Kelli Johnson
FREE Resource
Student preview
5 questions
Show all answers
1.
FLASHCARD QUESTION
Front
A list of accounts used by a business.
Back
chart of accounts
2.
FLASHCARD QUESTION
Front
An amount recorded on the right side of a T account.
Back
credit
3.
FLASHCARD QUESTION
Front
An amount recorded on the left side of a T account.
Back
debit
4.
FLASHCARD QUESTION
Front
The side of the account that is increased.
Back
normal balance
5.
FLASHCARD QUESTION
Front
An accounting device used to analyze transactions.
Back
T account
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