Sheet / Asset/Liability / Owners' Equity Debit/ Temporary Income Revenue / Expense A/L/OE/R/E Credit Permanent Stmt BS Example: Land Account Receivable Interest Expense Accounts Pavable Accum Deprec: Equipmt Advertising Fees Earned Supplies Expense Sales Returns & Allowances Capital Stock Cash Cost of Goods Sold Depreciation Ex Dividend Pavable Earned Revenue Equipment Salary Pavable Insurance Expense Invento Notes Pavable Prepaid Rent Retained Earnin Purchases Dividend Purchase Discount Interest Pavable Salary Expense Sales Purchase Discount Lost Bonds Premium Unearned Revenue Treasury Stock Allowance for Doubtful accounts Goodwill BS