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Account Name Natural Balance IncreaseTo Decrease To Category Cash Debit Debit Credit Asset Accounts Recievable Debit

Debit Credit Asset Supplies Debit Debit Credit Asset Equiptment Debit Debit Credit Asset Acctounts Payable Credit Credit Debit Liability Capital Credit Credit Debit Equity Owner Withdrawls Debit Debit Credit Contra Equity Revenues Credit Credit Debit Equity Expenses Debit Debit Credit Equity Salary Expense Debit Debit Credit Equity Advertising Expense Debit Debit Credit Equity Utility Expense Debit Debit Credit Equity Phone Expense Debit Debit Credit Equity Owner Equity Credit Credit Debit Equity Prepaid Rent Debit Debit Credit Asset Prepaid Insurance Debit Debit Credit Asset Note Payable Credit Credit Debit Liability Note Recievable Debit Debit Credit Asset Defered Revenue Credit Credit Debit Liability Accumulated Depreciation Credit Credit Debit Contra Asset Depreciation Expense Debit Debit Credit Asset Merchandise Inventory Debit Debit Credit Asset Cost of Goods Sold Debit Debit Credit Expense Sales Return's and Allowances Debit Debit Credit Contra Sales Allowance for Doubtfull Accounts Debit Debit Credit Contra Asset Interest Revenue Credit Credit Debit Equity Interest Expense Debit Debit Credit Equity Bad Debt Expense Credit Credit Debit Equity

Financial Statement Permanent(Real) or Temporary(Nominal) Balance Sheet Permanent Balance Sheet Permanent Balance Sheet Permanent Balance Sheet Permanent Balance Sheet Permanent Statement of Owners Equity Permanent Statement of Owners Equity Temporary Income Statement Temporary Income Statement Temporary Income Statement Temporary Income Statement Temporary Income Statement Temporary Income Statement Temporary Income Statement Temporary Balance Sheet Permanent Balance Sheet Permanent Balance Sheet Permanent Balance Sheet Permanent Balance Sheet Permanent Balance Sheet Permanent Balance Sheet Permanent Balance Sheet Permanent Income Statement Temporary Income Statement Temporary Balance Sheet Permanent Income Statement Temporary Income Statement Temporary Balance Sheet Permanent

Asset Balance Sheet Merchandise Inventory Debit Debit Credit Asset Balance Sheet Cost of Goods Sold Debit Debit Credit Expense Income Statement Sales Return's and Allowances Debit Debit Credit Contra SalesIncome Statement Allowance for Doubtfull Accounts Debit Debit Credit Contra Asset Balance Sheet Interest Revenue Credit Credit Debit Equity Income Statement Interest Expense Debit Debit Credit Equity Income Statement Bad Debt Expense Credit Credit Debit Equity Balance Sheet

Permanent Permanent Temporary Temporary Permanent Temporary Temporary Permanent

Asset Balance Sheet Merchandise Inventory Debit Debit Credit Asset Balance Sheet Cost of Goods Sold Debit Debit Credit Expense Income Statement Sales Return's and Allowances Debit Debit Credit Contra SalesIncome Statement Allowance for Doubtfull Accounts Debit Debit Credit Contra Asset Balance Sheet Interest Revenue Credit Credit Debit Equity Income Statement Interest Expense Debit Debit Credit Equity Income Statement Bad Debt Expense Credit Credit Debit Equity Balance Sheet

Permanent Permanent Temporary Temporary Permanent Temporary Temporary Permanent

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