Accounting and Finance Foundations

Unit 5

Accounting and Finance Foundations Unit 5: Accounting Terminology 410

Accounting Terminology

Sales

Debit Credit

3,000.00

400.00

15,000.00

Advertising Expense

Debit Credit

500.00

Rent Expense

Debit Credit

1 Given: Paid cash for rent for $500. 500.00

Utilities Expense

Debit Credit

100.00

14.12.1

Chapter 14

Reverse T Transaction Quiz (cont’d)

Student Assignment

Name: _____________________________________________________ Date: ___________________