Accounting

5. the amount entered on the left side of an account is the ___.
11. The balance of a ___ account does not carry forward to the next accounting period.
13. another term used for "recording" a business transaction is ____.
15. The debts of a business are called its___.

1. Assets= Liabilities+ Owner's Equity is called the ___.
2. A____ occurs when the owner takes assets out of the business for personal use.
3. The dollar balance of a ____ accounts is carried forward from one period to the next.
4. The coats of doing business are known as___
6. A ___ is a tool used to analyze a business transaction's affect on an account.
7. A___ is often called a book of original entry.
8. Money a business earns from the sale of goods or services is the___
9. The ___ is an all-purpose journal used for recording business transactions
10. Last Name
12. An amount entered on the right side of an account is a ___.
14. First Name