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||These are entered on the left side of an account.
||These are entered on the right side of an account.
||These accounts will normally have a credit balance.
||These accounts will normally have debit balances.
||Assets = Liabilities + Owner's _________.
||Sales are an example of these.
||The credit amount in the depreciation entry is recorded in __________ Depreciation.
||The accounts are contained in the general ___________.
||Entries for depreciation are first written in the general ___________.
||These will reduce the amount of owner's equity.
||A listing of the balances of all accounts is a trial _________.
||An income statement reports revenues and expenses for a specified ________ of time.
||A = L + OE is the accounting __________.
||Under _________-entry accounting a transaction affects a minimum of two accounts.
||Withdrawals made by the owner of a sole proprietorship are recorded in the owner's ___________ account.