DEBIT AND CREDIT
Authored by ABIGAIL ROSACEÑA
Business
10th Grade
Used 79+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Normal balance of Sales
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Normal balance of Cash
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Normal balance of Rent Expense
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Normal balance of Supplies
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When supplies are bought on account, which column is used in Accounts Payable?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Normal balance of owner's capital account
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Assets increase on the ________ side?
subsidiary
T-account
credit
debit
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