Debits & Credits

Debits & Credits

10th - 12th Grade

30 Qs

quiz-placeholder

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Debits & Credits

Debits & Credits

Assessment

Quiz

Business

10th - 12th Grade

Medium

Created by

Fran Clark

Used 29+ times

FREE Resource

30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An increase in the Accounts Payable account would be a

Debit

Credit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An increase in the Cash account would be a

Debit

Credit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An increase in the Land account would be a

Debit

Credit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An increase in the Accounts Receivable account would be a

Debit

Credit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An increase in the Owner's Equity account would be a

Debit

Credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An increase in the Supplies account would be a

Debit

Credit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An increase in the Prepaid Insurance account would be a

Debit

Credit

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