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Debits and Credits!

Horizontales
A type of account, looks like a T, used to analyze the effects of a business transaction
An excess of revenue over expenses
An entry on the left side of an account
Property owned by a business
A list of the accounts used by a business to record its financial transactions
A special type of owner's equity account set up to record the owner's withdrawal of cash from the business
Claims for future collection from customers
Inflow of money from the provision of services or supplies; income
Financial interest of the owner of the business; net worth
Formal report of a business's financial condition on a certain date
Verticales
The increase side of an account
An excess of expenses over revenue
A formal report of business operations covering a certain period of time
Accounting system that records each transaction as a debit or credit
Amounts a business must pay in the future
The difference between the amounts recorded on the two sides of an account
An entry on the right side of an account
Debts or obligations of a business
Owner's financial interest in the business
Written records of the assets, liabilities, and owner's equity of a business