BASIC ACCOUNTING SKILLS

BASIC ACCOUNTING SKILLS

11th Grade

15 Qs

quiz-placeholder

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BASIC ACCOUNTING SKILLS

BASIC ACCOUNTING SKILLS

Assessment

Quiz

Education

11th Grade

Practice Problem

Hard

Created by

jayanta biswal

Used 16+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Apply the rules of Debit and Credit to the following accounts:
A decrease to cash is a _______?

Debit
Credit

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

An increase to Utilities Expense is a 

Debit
Credit

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

The normal balance for Cash is a 

Debit
Credit

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

An increase to a revenue account is a

Debit
Credit

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

A decrease to Accounts Payable is a

Debit
Credit

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

An increase to Office Furniture is a 

Debit
Credit

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Rules for Real Account is

Debit what comes in Credit what goes out

Debit all Expenses and Lossess credit all incomes and gains

Debit the receiver credit the giver

None of the above

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