Question
Build a T-account for each part of the expanded accounting equation. (1) Drag the debit DR and credit CR labels to the appropriate sides of
Build a T-account for each part of the expanded accounting equation. (1) Drag the debit "DR" and credit "CR" labels to the appropriate sides of the T-account. (2) Drag the normal balance label to the correct side of the T-account. (3) Label which side of the t-account increases "+" and decreases"-"that account.View drag and drop keyboard instructions
Draggable Card Debit
not selected
Debit
Draggable Card Normal Balance
not selected
Normal
Balance
Draggable Card Credit
not selected
Credit
Assets
selected, correct
not selected, correct
Draggable Card Debit
correct
Debit
Draggable Card Normal Balance
correct
Normal
Balance
not selected
not selected
Draggable Card Credit
correct
Credit
Incorrect
Liabilities
not selected
not selected
Draggable Card Debit
correct
Debit
not selected
not selected
Draggable Card Credit
correct
Credit
Draggable Card Normal Balance
correct
Normal
Balance
Incorrect
Common Stock
not selected
not selected
Draggable Card Debit
correct
Debit
not selected
not selected
Draggable Card Credit
correct
Credit
Draggable Card Normal Balance
correct
Normal
Balance
Incorrect
Dividends
not selected
not selected
Draggable Card Debit
correct
Debit
Draggable Card Normal Balance
correct
Normal
Balance
not selected
not selected
Draggable Card Credit
correct
Credit
Incorrect
Revenues
not selected
not selected
Draggable Card Debit
correct
Debit
not selected
not selected
Draggable Card Credit
correct
Credit
Draggable Card Normal Balance
correct
Normal
Balance
Incorrect
Expenses
not selected
not selected
Draggable Card Debit
correct
Debit
Draggable Card Normal Balance
correct
Normal
Balance
not selected
not selected
Draggable Card Credit
correct
Credit
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