ACCT 23020 at Kent State University

5. Normal Balance Shortcut: Double Entry

in Topic 3 (Video 5 of 7)
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I told you that understanding normal balances is super important, so we're not done yet. This shortcut has to do with Double Entry Accounting. Excited? You probably should be.

The Rest Of The Videos

1 T-Accounts 3:15
2 Debits and Credits 6:49
3 Determining Normal Balances For Assets & Liabilities 10:04
4 Determining Normal Balance for Shareholder's Equity 11:53
5 Normal Balance Shortcut: Double Entry
You are here. 		11:51
6 Normal Balance Shortcut: DEAD Mnemonic 2:36
7 The Journal, Ledger, Trial Balance 14:00
Topic 4 →

Topic 3 Practice Problems

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1 Account Classification Easy
2 Journal Entry - Inventory Easy
3 Journal Entry - Sales Easy
4 Land Purchased With Cash Easy
5 T/F: Liabilities and Equity Easy
6 T/F: T-Account Logic Easy
7 Normal Balances Moderate
8 The Effect of Journal Entries Moderate
9 What Should Be Journaled Moderate
← Topic 2

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