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Accounting Debit and Credit

Authored by Anthony Ramirez

9th - 12th Grade

Used 1K+ times

Accounting Debit and Credit
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Apply the rules of Debit and Credit to the following accounts:

A decrease to cash is an _______?

Debit

Credit

Asset

Expense

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

An increase to Utilities Expense is a

Debit

Credit

Asset

Liability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The normal balance for Cash is a

Debit

Credit

Asset

Equity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

An increase to a revenue account is a

Debit

Credit

Equity

Asset

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

An increase to Supplies is a

Debit

Credit

Asset

Liability

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

An increase to Office Furniture is a

Debit

Credit

Expense

Liability

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A decrease to Accounts Payable is a

Debit

Credit

Asset

Liability

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