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Balance Sheet Debit Current Asset . Petty Cash. Income Statement Debit Other Expense . Loss on Plant Asset. Balance Sheet Debit Current Asset. Accounts Receivable. Balance Sheet Debit Plant Asset. Store Equipment. Balance Sheet Credit Liability . Accounts Payable.
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Balance Sheet Debit Current Asset Petty Cash
Income Statement Debit Other Expense Loss on Plant Asset
Balance Sheet Debit Current Asset Accounts Receivable
Balance Sheet Debit Plant Asset Store Equipment
Balance Sheet Credit Liability Accounts Payable
Balance Sheet Credit Plant Asset Accumulated Depreciation—Office Equipment
Income Statement Credit Other Revenue Gain on Plant Assets
Income Statement Credit Operating Revenue Sales
Income Statement Credit Cost of Merchandise Purchases Returns & Allowances
Income Statement Debit Operating Expense Uncollectible Accounts Expense
Balance Sheet Debit Plant Asset Office Equipment
Balance Sheet Debit Current Asset Merchandise Inventory
Income Statement Debit Income Tax Expense Federal Income Tax Expense
Income Statement Debit Operating Revenue Sales Discount
Income Statement Debit Cost of Merchandise Purchases
Balance Sheet Credit Stockholders’ Equity Capital Stock
Income Statement Debit Other Expense Cash Short & Over (cash is short)
Balance Sheet Credit Current Asset Allowance for Uncollectible Accounts
Balance Sheet Credit Stockholders’ Equity Retained Earnings
Income Statement Credit Cost of Merchandise Purchases Discount
Income Statement Debit Operating Revenue Sales Returns and Allowances
Income Statement Debit Stockholders’ Equity Dividends
Balance Sheet Credit Plant Asset Accumulated Depreciation--Store Equipment
Balance Sheet Debit Current Asset Prepaid Insurance
Balance Sheet Credit Liability Sales Tax Payable
Balance Sheet Debit Current Asset Notes Receivable
Balance Sheet Credit Liability Notes Payable
Income Statement Credit Other Revenue Interest Income
Income Statement Debit Other Expense Interest Expense
Depreciation Expense Income Statement Debit Operating Expense
Salary Expense Income Statement Debit Operating Expense
Employee Income Tax Payable Balance Sheet Credit Liability
Unemployment Tax Payable--Federal Balance Sheet Credit Liability