FABM1 Normal Balance of Major Accounts
Flashcard
•
Business
•
11th Grade
•
Easy
Marione Fauni
Used 1+ times
FREE Resource
Student preview
18 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is the normal balance of asset accounts?
Back
Debit
2.
FLASHCARD QUESTION
Front
What is the normal balance of liability accounts?
Back
Credit
3.
FLASHCARD QUESTION
Front
What is the normal balance of equity accounts?
Back
Credit
4.
FLASHCARD QUESTION
Front
What is the normal balance of drawing accounts?
Back
Debit
5.
FLASHCARD QUESTION
Front
What is the normal balance of revenue accounts?
Back
Credit
6.
FLASHCARD QUESTION
Front
What is the normal balance of expense accounts?
Back
Debit
7.
FLASHCARD QUESTION
Front
How do asset accounts increase?
Back
Debit
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
Similar Resources on Wayground
8 questions
Lesiones deportivas
Flashcard
•
KG
15 questions
Carrying Capacity and Limiting Factors
Flashcard
•
KG - University
15 questions
US National Debt Flashcard
Flashcard
•
11th Grade - University
15 questions
The Paston Letters, Primary Sources, and My Syrian Diary
Flashcard
•
12th Grade - University
15 questions
Chemistry Midterm Review
Flashcard
•
10th Grade - University
15 questions
Untitled Flashcard
Flashcard
•
10th Grade - University
15 questions
Chemistry Unit Exam: REVIEW
Flashcard
•
10th Grade - University
15 questions
CHEM FINAL REVIEW-Measurement 2425 H
Flashcard
•
KG
Popular Resources on Wayground
20 questions
Brand Labels
Quiz
•
5th - 12th Grade
11 questions
NEASC Extended Advisory
Lesson
•
9th - 12th Grade
10 questions
Ice Breaker Trivia: Food from Around the World
Quiz
•
3rd - 12th Grade
10 questions
Boomer ⚡ Zoomer - Holiday Movies
Quiz
•
KG - University
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
Adding Integers
Quiz
•
6th Grade
10 questions
Multiplication and Division Unknowns
Quiz
•
3rd Grade
20 questions
Multiplying and Dividing Integers
Quiz
•
7th Grade