left column is debits / right side on t charts is credits

right side of t chart is credit left side is debit

You own a small bakery. Given the following transactions, complete the T-Accounts, including titles and closing balances. Take out a loan for $1.000 from the bank. Purchase $300 in flour using cash. Purchase $250 in equipment on credit from The Bread Warehouse Sell $100 in flour to Joe's Bakery for Cash Your friend gives you $2,500 cash for ownership of your company You raise $500 in cash by offering a bond liability Complete your Balance Sheet. Cirele the mathematical functions that completes the accounting equati Assets: + / - / - Liabilities: +/-/= Owners Equity