Petty Cash

Balance Sheet Debit Current Asset

Loss on Plant Asset

Income Statement Debit Other Expense

Accounts Receivable

Balance Sheet Debit Current Asset

Store Equipment

Balance Sheet Debit Plant Asset

Accounts Payable

Balance Sheet Credit Liability

Accumulated Depreciation—Office Equipment

Balance Sheet CreditPlant Asset

Gain on Plant Assets

Income Statement CreditOther Revenue

Sales

Income Statement CreditOperating Revenue

Purchases Returns & Allowances

Income Statement CreditCost of Merchandise

Uncollectible Accounts Expense

Income Statement Debit Operating Expense

Office Equipment

Balance Sheet DebitPlant Asset

Merchandise Inventory

Balance Sheet Debit Current Asset

Federal Income Tax Expense

Income Statement Debit Income Tax Expense

Sales Discount

Income Statement Debit Operating Revenue

Purchases

Income Statement DebitCost of Merchandise

Capital Stock

Balance Sheet CreditStockholders’ Equity

Cash Short & Over (cash is short)

Income Statement Debit Other Expense

Allowance for Uncollectible Accounts

Balance Sheet Credit Current Asset

Retained Earnings

Balance Sheet CreditStockholders’ Equity

Purchases Discount

Income Statement Credit Cost of Merchandise

Sales Returns and Allowances

Income Statement Debit Operating Revenue

Dividends

Income Statement DebitStockholders’ Equity

Accumulated Depreciation--Store Equipment

Balance Sheet Credit Plant Asset

Prepaid Insurance

Balance Sheet Debit Current Asset

Sales Tax Payable

Balance Sheet Credit Liability

Notes Receivable

Balance Sheet DebitCurrent Asset

Notes Payable

Balance Sheet Credit Liability

Interest Income

Income Statement Credit Other Revenue

Interest Expense

Income Statement Debit Other Expense

Depreciation Expense

Income Statement Debit Operating Expense

Salary Expense

Income Statement Debit Operating Expense

Employee Income Tax Payable

Balance Sheet CreditLiability

Unemployment Tax Payable--Federal

Balance Sheet CreditLiability