Sort the accounting ideas
Exercise and reference answers
- Items
- Group
- Principles
- Item
- Matching
- Group
- Principles
- Item
- Going con
- Group
- Principles
- Item
- Hist cost
- Group
- Records
- Item
- Ledger
- Group
- Records
- Item
- Account
- Group
- Records
- Item
- T account
- Group
- Rules
- Item
- Debit left
- Group
- Rules
- Item
- Credit right
- Group
- Rules
- Item
- Sums equal
- Groups
- Item
- Principles
- Item
- Records
- Item
- Rules
- Instructions
- Drop each item onto principles, records or rules.
Explanation
_Source: OpenStax Principles of Accounting Volume 1, Chapter 3, Analyzing and Recording Transactions._