'Withdrawal account' presentation slideshows

CHAPTER FOUR

CHAPTER FOUR. REVENUE AND EXPENSE ACCOUNTS. REVENUE AND EXPENSE ACCOUNTS. Objectives:. 1. Record debits and credits in revenue, expense, and withdrawal accounts . 2. Explain the rules of debit and credit.

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Transactions That Affect Revenue, Expenses, and Withdrawals

Transactions That Affect Revenue, Expenses, and Withdrawals. Chapter 5. Temporary and Permanent Accounts. Permanent accounts keep a running balance that moves from the end of one accounting period to the beginning of the next. (Sometimes called Real Accounts)

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LESSON 2-3

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