General journal for service Business
Authored by Batool Mirza
Business
11th Grade
Used 63+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A credit is used to record an increase in all of the following accounts except:
Accounts Payable
Service Revenue
Unearned Revenue
Wages Expense
Common Stock
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance for the Cash account?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance for the Accounts Payable account?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance for the Capital account?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance for the Office Supplies account?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance for the Expenses accounts?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance for the Prepaid Insurance account?
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