Action Accounting
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The Pineapple Pub
Double Entry: Transaction 3 / of 16
Scene 11
/ of 100
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Double Entry
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Balancing Accounts
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Trial Balance
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Income Statement
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Balance Sheet
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Completed Financial Statements
Purchased furniture on credit for €18,000 from Flash Sales Limited on 6th December.
Which account should be debited?
Creditor - Flash Sales Limited Account
Furniture Account
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The furniture account is debited because it has increased in value.
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Are you sure? Try again.
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Jason has acquired an asset, increases should be debited in an asset account.
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