2 – Analyze trans. into debit and credit parts


6320: Accounting

  • 1: Demonstrate positive work ethic
  • 10: Demonstrate critical-thinking and problem-solving skills.
  • 35:  Demonstrate the effects of transactions on the accounting equation.
  • 40:  Analyze transactions through the use of T accounts.
  • 53:  Maintain financial records for a service business, using accounting software.

After studying Chapter 2, in addition to defining key terms, you will be able to:

  • LO1 Show the relationship between the accounting equation and a T account.
  • LO2 Identify the debit and credit side, the increase and decrease side, and the balance side of various accounts.
  • LO3 Restate and apply the two rules that are associated with the increase side of an account.
  • LO4 Restate and apply the four questions necessary to analyze transactions for starting a business into debit and credit parts.
  • LO5 Analyze transactions for operating a business into debit and credit parts.


Chapter 2 Coversheet(Objectives and competencies)

Chapter 2 Vocabulary Acct

Chapter 2 Study Guide

Chapter 2 Textbook

Section 1:

Section 2:

Section 3:

2 mastery etc wkprs