1
money to be received later because of the sale of goods or services on credit
2
the side used to record the increases of the account.
3
creditor's claim to the assets of the business
4
Efficient tool for analyzing double-entry accounting transactions
5
income earned from the sale of goods or services
6
a subdivision under assets, liabilities, or owner's equity. Shows the balance for a specific item.
7
Cost of products or services used to operate a business
8
Property or items of value owned by a business
9
place where acounts are grouped
10
entry on the right side of an account
11
Entry on the left side of an account
