
Chapter 5 - Debits and Credits
Authored by Laura Mahler
Other
11th - 12th Grade
Used 45+ times

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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Normal balance of Supplies
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When supplies are bought on account, which column is used in Accounts Payable?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Normal balance of owner's capital account
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Balance column in the capital account after an initial investment is posted.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Normal balance of Sales
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side is the account balance when the only entry is a credit?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Normal balance of Cash
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