Type of account decreased by decreases increases

:
Type of account Decreased by
decreases increases
Stockholders' Equity
decreases increases
For each of the following T-accounts, indicate on which side increases are recorded and on which side decreases are recorded:
Assets
decreases increases
Liabilities
Fill in the blanks using the dropdown list.
Completion and Exercises
Asset
Liability
Stockholders' equity
Revenue
Expense
A __________ __________ contains a listing of the ledger accounts and their debit or credit balances to determine that __________ equal __________ in the
recording process.
Collectively, all of the accounts in the accounting system are referred to as the __________. The list of accounts in an accountings system (often together with their
numbers) is called the __________ __________ __________.
The basic unit in which data are stored in an accounting system is called an __________. These storage units should be so constructed as to readily receive money
measurements of the __________ or ___________ in the items for which they are established.
Whether or not an account is established is determined largely by whether or not it will provide __________ __________.
The difference between the amounts entered as increases in an account and those entered as decreases is called the __________ of the account.