max=26;
transact= new Array();
debit= new Array();
credit= new Array();
explaind= new Array();
explainc= new Array();

transact[0]='Owner invested cash (personal check) in his/her business.'
debit[0]='Cash In Bank'
credit[0]='Capital'
explaind[0]='The asset account Cash In Bank, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Cash In Bank account is debited.'
explainc[0]="The capital account Capital (owner's claim to the assets), which normally has a credit balance increases. Since a credit is used to increase an account that normally has a credit balance, the Capital account is credited."


transact[1]='Purchased office furniture with a check.'
debit[1]='Furniture'
credit[1]='Cash In Bank'
explaind[1]='The asset account Furniture, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Furniture account is debited.'
explainc[1]='The asset account Cash In Bank, which normally has a debit balance decreases. Since a debit is used to increase an account that normally has a debit balance, a credit (the opposite of a debit) is used to decrease the Cash In Bank account.'


transact[2]='Sold products for cash.'
debit[2]='Cash In Bank'
credit[2]='Sales'
explaind[2]='The asset account Cash In Bank, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Cash In Bank account is debited.' 
explainc[2]='The revenue account Sales, which normally has a credit balance increases. Since a credit is used to increase an account that normally has a credit balance, the Sales account is credited.'

transact[3]='OPTIONAL-Purchased products to resell on 30 day open account (credit).'
debit[3]='Purchases'
credit[3]='Accounts Payable'
explaind[3]='The expense account Purchases, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Purchases account is debited.'
explainc[3]='The liability account Accounts Payable, which normally has a credit balance increases. Since a credit is used to increase an account that normally has a credit balance, the Accounts Payable account is credited.'



transact[4]='Sold products to a customer on account - 10 day payment terms.'
debit[4]='Accounts Receivable'
credit[4]='Sales'
explaind[4]='The asset account Accounts Receivable, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Accounts Receivable account is debited.'
explainc[4]='The revenue account Sales, which normally has a credit balance increases. Since a credit is used to increase an account that normally has a credit balance, the Sales account is credited.'


transact[5]='Received an invoice with 30 day terms from a supplier for advertising'
debit[5]='Advertising'
credit[5]='Accounts Payable'
explaind[5]='The expense account Advertising, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Advertising account is debited.'
explainc[5]='The liability account Accounts Payable, which normally has a credit balance increases. Since a credit is used to increase an account that normally has a credit balance, the Accounts Payable account is credited.'

transact[6]='Check written to owner for personal living expenses.'
debit[6]='Drawings'
credit[6]='Cash In Bank'
explaind[6]="The owner's drawing account Drawings, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Drawings account is debited."
explainc[6]='The asset account Cash In Bank, which normally has a debit balance decreases. Since a debit is used to increase an account that normally has a debit balance, a credit (the opposite of a debit) is used to decrease the Cash In Bank account.'

transact[7]='Check written to pay rent not already recorded as a liability.'
debit[7]='Rent'
credit[7]='Cash In Bank'
explaind[7]='The expense account Rent, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Rent account is debited.'
explainc[7]='The asset account Cash In Bank, which normally has a debit balance decreases. Since a debit is used to increase an account that normally has a debit balance, a credit (the opposite of a debit) is used to decrease the Cash In Bank account.'

transact[8]='Recorded and deposited check for money borrowed from the bank (formal note).'
debit[8]='Cash In Bank'
credit[8]='Note Payable'
explaind[8]='The asset account Cash In Bank, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Cash In Bank account is debited.'
explainc[8]='The liability account Note Payable, which normally has a credit balance increases. Since a credit is used to increase an account that normally has a credit balance, the Note Payable account is credited.'


transact[9]='OPTIONAL-Recorded bank fees from bank reconciliation and bank statement.'
debit[9]='Bank Fees and Charges'
credit[9]='Cash In Bank'
explaind[9]='The expense account Bank Fees and Charges, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Bank Fees and Charges account is debited.'
explainc[9]='The asset account Cash In Bank, which normally has a debit balance decreases. Since a debit is used to increase an account that normally has a debit balance, a credit (the opposite of a debit) is used to decrease the Cash In Bank account.'



transact[10]='Received and recorded payment from a credit sale (on account sale) made to customer.'
debit[10]='Cash In Bank'
credit[10]='Accounts Receivable'
explaind[10]='The asset account Cash In Bank, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Cash In Bank account is debited.'
explainc[10]='The asset account Accounts Receivable, which normally has a debit balance decreases. Since a debit is used to increase an account that normally has a debit balance, a credit (the opposite of a debit) is used to decrease the Accounts Receivable account.'

transact[11]='Purchased equipment using an owner financed note.'
debit[11]='Equipment'
credit[11]='Note Payable'
explaind[11]='The asset account Equipment, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Equipment account is debited.'
explainc[11]='The liability account Note Payable, which normally has a credit balance increases. Since a credit is used to increase an account that normally has a credit balance, the Note Payable account is credited.'


transact[12]='Wrote check to bank for loan (note) payment.'
debit[12]='Note Payable'
credit[12]='Cash In Bank'
explaind[12]='The liability account Note Payable, which normally has a credit balance decreases. Since a credit is used to increase an account that normally has a credit balance, a debit (the opposite of a credit) is used to decrease the Note Payable account.'
explainc[12]='The asset account Cash In Bank, which normally has a debit balance decreases. Since a debit is used to increase an account that normally has a debit balance, a credit (the opposite of a debit) is used to decrease the Cash In Bank account.'

transact[13]='Owner invested personal equipment in his/her business.'
debit[13]='Equipment'
credit[13]='Capital'
explaind[13]='The asset account Equipment, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Equipment account is debited.' 
explainc[13]="The capital account Capital (owner's claim to the assets), which normally has a credit balance increases. Since a credit is used to increase an account that normally has a credit balance, the Capital account is credited."



transact[14]='Prepared and mailed out Purchase Order to a products supplier.'
debit[14]='No Debit Required'
credit[14]='No Credit Required'
explaind[14]='Shame on me. I tried to fool ya. No entry is required until we actualy make the purchase.'
explainc[14]='Shame on me. I tried to fool ya. No entry is required until we actually make the purchase.'

transact[15]='Received and recorded monthly phone bill with 10 day credit terms.'
debit[15]='Telephone Expense'
credit[15]='Accounts Payable'
explaind[15]='The expense account Telephone Expense, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Telephone Expense account is debited.'
explainc[15]='The liability account Accounts Payable, which normally has a credit balance increases. Since a credit is used to increase an account that normally has a credit balance, the Accounts Payable account is credited.'


transact[16]='Received and paid (wrote) check for utility bill.'
debit[16]='Utilities'
credit[16]='Cash In Bank'
explaind[16]='The expense account Utilities, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Utilities account is debited.'
explainc[16]='The asset account Cash In Bank, which normally has a debit balance decreases. Since a debit is used to increase an account that normally has a debit balance, a credit (the opposite of a debit) is used to decrease the Cash In Bank account.'


transact[17]='OPTIONAL-Wrote and cashed check to set up Petty Cash Fund.'
debit[17]='Petty Cash'
credit[17]='Cash In Bank'
explaind[17]='The asset account Petty Cash, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Petty Cash account is debited.'
explainc[17]='The asset account Cash In Bank, which normally has a debit balance decreases. Since a debit is used to increase an account that normally has a debit balance, a credit (the opposite of a debit) is used to decrease the Cash In Bank account.'

transact[18]='OPTIONAL-Recorded depreciation expense for the period.'
debit[18]='Depreciation Expense'
credit[18]='Accumulated Depreciation'
explaind[18]='The expense account Depreciation Expense, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Depreciation Expense account is debited.'
explainc[18]='The contra asset account Accumulated Depreciation , which normally has a credit balance increases. Since a debit is used to increase an account that normally has a credit balance, the Accumulated Depreciation account is credited.'




transact[19]='OPTIONAL-Wrote a check to purchase and invest in marketable securites.'
debit[19]='Temporary Investments'
credit[19]='Cash In Bank'
explaind[19]='The asset account Temporary Investments, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Temporary Investments account is debited.'
explainc[19]='The asset account Cash In Bank, which normally has a debit balance decreases. Since a debit is used to increase an account that normally has a debit balance, a credit (the opposite of a debit) is used to decrease the Cash In Bank account.'


transact[20]='Wrote check to purchase a company car.'
debit[20]='Vehicles'
credit[20]='Cash In Bank'
explaind[20]='The asset account Vehicles, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Vehicles account is debited.'
explainc[20]='The asset account Cash In Bank, which normally has a debit balance decreases. Since a debit is used to increase an account that normally has a debit balance, a credit (the opposite of a debit) is used to decrease the Cash In Bank account.'


transact[21]='OPTIONAL-Issued a debit memo to a supplier for some defective products returned.'
debit[21]='Accounts Payable'
credit[21]='Purchase Returns and Allowances'
explaind[21]='The liability account Accounts Payable, which normally has a credit balance decreases. Since a credit is used to increase an account that normally has a credit balance, a debit (the opposite of a credit) is used to decrease the Accounts Payable account.'
explainc[21]='The contra expense account Purchase Returns and Allowances, which normally has a credit balance increases. Since a credit is used to increase an account that normally has a credit balance, the Purchase Returns and Allowances account is credited.'

transact[22]='Received and recorded invoice with credit terms of 10 days for gasoline purchases for the period.'
debit[22]='Vehicle Expenses'
credit[22]='Accounts Payable'
explaind[22]='The expense account Vehicles Expense, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Vehicles Expense account is debited.'
explainc[22]='The liability account Accounts Payable, which normally has a credit balance increases. Since a credit is used to increase an account that normally has a credit balance, the Accounts Payable account is credited.'


transact[23]='Received an invoice and wrote check for equipment repairs.'
debit[23]='Maintenance and Repairs'
credit[23]='Cash In Bank'
explaind[23]='The expense account Maintenance and Repairs, which normally has a debit balance increases. Since a debit is used to increase an account that normally has a debit balance, the Maintenance and Repairs account is debited.'
explainc[23]='The asset account Cash In Bank, which normally has a debit balance decreases. Since a debit is used to increase an account that normally has a debit balance, a credit (the opposite of a debit) is used to decrease the Cash In Bank account.'


transact[24]='OPTIONAL-Wrote checks to pay employees payroll liability.'
debit[24]='Accrued Salaries & Wages'
credit[24]='Cash In Bank'
explaind[24]='The liability account Accrued Salaries & Wages, which normally has a credit balance decreases. Since a credit is used to increase an account that normally has a credit balance, a debit (the opposite of a credit) is used to decrease the Accrued Salary & Wages account.'
explainc[24]='The asset account Cash In Bank, which normally has a debit balance decreases. Since a debit is used to increase an account that normally has a debit balance, a credit (the opposite of a debit) is used to decrease the Cash In Bank account.'

transact[25]='OPTIONAL-Wrote check to pay payroll taxes and withholdings liability.'
debit[25]='Accrued Payroll Taxes & Withholdings'
credit[25]='Cash In Bank'
explaind[25]='The liability account Accrued Payroll Taxes & Withholdings, which normally has a credit balance decreases. Since a credit is used to increase an account that normally has a credit balance, a debit (the opposite of a credit) is used to decrease the Accrued Payroll Taxes & Withholdings account.'
explainc[25]='The asset account Cash In Bank, which normally has a debit balance decreases. Since a debit is used to increase an account that normally has a debit balance, a credit (the opposite of a debit) is used to decrease the Cash In Bank account.'