Ch. 2 Accounting Normal Balance

Ch. 2 Accounting Normal Balance

Assessment

Flashcard

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11th Grade - University

Hard

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27 questions

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1.

FLASHCARD QUESTION

Front

What is the normal balance for the Cash account?

Back

Debit

2.

FLASHCARD QUESTION

Front

What is the normal balance for the Accounts Payable account?

Back

Credit

3.

FLASHCARD QUESTION

Front

What is the normal balance for the Capital account?

Back

Credit

4.

FLASHCARD QUESTION

Front

What is the normal balance for the Office Supplies account?

Back

Debit

5.

FLASHCARD QUESTION

Front

What is the normal balance for the Accounts Receivable - Sweet Treats account?

Back

Debit

6.

FLASHCARD QUESTION

Front

What is the normal balance for the Expenses accounts?

Back

Debit

7.

FLASHCARD QUESTION

Front

What is the normal balance for the Prepaid Insurance account?

Back

Debit

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