Clerk Forms 17

Assets 17

Debit Increases…………………………………………………………………………………………………………………………………..Credit Decreases

Liabilities

Debit decreases…………………………………………………………………………………………………………………………………..Credit Increases

Normal Balance

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Stockholders Equity

Debit decreases…………………………………………………………………………………………………………………………………..Credit Increases

Normal Balance

Standard and Actual Variance due.

……………………………………………….Cost per Unit

Input………………………………………of input…………………….Quantity

Raw materials………………………Price……………………………Usage

Direct Labor…………………………Rate……………………………Efficiency

Variable Overhead………………Spending…………………..Efficiency

Account Name

Debit side

Normal balance for:————————————————————————-Normal Balance for

Assets:————————————————————————————————– Liabilities

Expenses———————————————————————————— Stockholders equity

Revenues

Debit Entries increase ——————————————————————- Credit Entries increase

Assets ————————————————————————————————– Liabilities

Expenses———————————————————————————— Stockholders equity

Revenues

Debit entries decreases—————————————————————-Credit entries decreases

liabilities ————————————————————————————————– Assets

stockholders equity ———————————————————————————– Expenses

revenues

Date Amount

DR. Account Name ……………………………………………..

Amount

(1) Dr Cash …………………………………………….. ………….

Cr. Paid In Capital

To record an investment in the first by the stockholders.

Transactions ————- recorded in —————– Journal ————– Posted to ————— Ledger

Supported by Dr. Account Name ………………………………………………………… X X …………….Account………

source documents Cr. Account Name ………………………………………………………. XX ………..Name………….

………………………………………………………………………………………………………………………………………………..Debit | Credit.