Chapter 4 The Simple Ledger

Hi! Class
There is one quiz for Chapter 4 - date TBA.  Remember that debit simply means left and credit simply means right.  Nothing else!!!!  DR is the short form for debit and CR is the short form for credit.  All Assets have a normal debit balance while Liabilities and Owner's Equity have a normal credit balance.  When you want to decrease an asset you credit it and when you want to decrease Liabilities and Owner's Equity you debit the account. 
Please keep your workbook up to date.  Do the assignments yourself and then check your answers here.  Writing the answers off the blog into your workbook without doing the assignments first yourself - teaches you nothing.  Please, please do the assignments first!  Then check your work!  If you don't understand why something was a certain answer, please ask me in class.
See you in class!