Flash Cards Debits/Credits Drill & Practice for
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Flash Cards Debits/Credits Drill & Practice for

Author : luanne-stotts | Published Date : 2025-06-23

Description: Flash Cards DebitsCredits Drill Practice for Principles of Financial Accounting Susan M Moncada PhD CPA Indiana State University 2010 1 How to Use the Flashcards Launch the PowerPoint presentation Click on a Cards hyperlink

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Transcript:Flash Cards Debits/Credits Drill & Practice for:
Flash Cards Debits/Credits Drill & Practice for Principles of Financial Accounting Susan M. Moncada, Ph.D., CPA, Indiana State University 2010 1 How to Use the Flashcards Launch the PowerPoint presentation. Click on a Card’s hyperlink label. Click on the Debit or Credit Button Click the Return button on the Feedback Screens Caution: Clicking on areas of the screen other than areas specified will cause the drill and practice activity to malfunction. Note: To repeat the activity, the file will need to be closed and re-opened. Feedback based on EARLS acronym. 2 CARD 1 CARD 2 CARD 3 CARD 4 CARD 5 CARD 6 CARD 7 CARD 8 CARD 9 CARD 10 CARD 11 CARD 12 CARD 13 CARD 14 CARD 15 CARD 16 CARD 17 CARD 18 CARD 19 CARD 20 CARD 21 CARD 22 CARD 23 CARD 24 CARD 25 Select a Flash Card CARD 1 To increase Equipment... Debit Credit 4 CARD 6 To decrease Accounts Payable. Debit Credit 5 CARD 11 To increase Commissions Revenue. Debit Credit 6 CARD 16 To increase Common Stock… Credit Debit 7 CARD 21 To increase Dividends …. Debit Credit 8 CARD 2 To increase Notes Payable… Debit Credit 9 CARD 7 To decrease Retained Earnings… Debit Credit 10 CARD 12 To increase Prepaid Insurance Expense… Debit Credit 11 CARD 17 To increase Accumulated Depreciation Debit Credit 12 CARD 22 To decrease Accounts Receivable… Debit Credit 13 CARD 3 To decrease Unearned Consulting Revenue Debit Credit 14 CARD 8 To decrease Supplies Inventory… Debit Credit 15 CARD 13 To increase Utilities Expense… Debit Credit 16 CARD 18 To increase Patents… Debit Credit 17 CARD 23 To decrease Cash … Debit Credit 18 CARD 4 To increase Short Term Investments Debit Credit 19 CARD 9 To increase LAND… Debit Credit 20 CARD 14 To increase Retained Earnings … Debit Credit 21 CARD 19 To decrease Accumulated Depreciation Debit Credit 22 CARD 24 To increase Merchandise Inventory Debit Credit 23 CARD 5 To decrease Marketable Securities … Debit Credit 24 CARD 10 To decrease Prepaid Rent Expense Debit Credit 25 CARD 15 To increase Sales … Debit Credit 26 CARD 20 To decrease Wages Payable … Debit Credit 27 CARD 25 To decrease Delivery Vehicles ... Debit Credit 28 Positive Feedback 29 NegFeed1 E A Expenses Assets The normal Balance for Assets and Expenses is a Debit CARD 1 FEEDBACK: 30 NegFeed6 R L

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