Century 21 Accounting Chapter 2
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Created by:
popcorn1556 on January 27, 2011
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5 terms
Terms | Definitions |
|---|---|
T Account | An accounting device used to analyze transactions |
Debit | An amount recorded on the left side |
Credit | An amount recorded on the right side |
Normal Balance | The side of the account that is increased |
Chart of Accounts | A list of accounts used by a busines |
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