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Liabilities, Owners' Equity, and Contra Assets accounts.
Thanks pready,
Still having a little trouble getting the exact accounts together and deciding which accounts fit in each category but, working at it. Again thanks..
This may help:
For your Debit accounts:
D - Debits
E - Expenses
A - Assets
D - Dividends
For Credit accounts:
C - Credits
U - Unearned Revenues
R - Revenues
L - Liabilites
S - Stockholder/Owner's Equity
This helped me a lot in my first accounting class.
Thanks, this really helped and put it into perspective a lot more.
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