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Accounts and their Normal Balances

Authored by Carleen Zapata

Business

9th Grade

Used 8+ times

Accounts and their Normal Balances
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6 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the Normal balance for Expenses?

Debit

Credit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the Normal Balance for Assets?

Debit

Credit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the Normal Balance for Income or Revenue?

Debit

Credit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the Normal Balance for Liabilities?

Debit

Credit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the Normal Balance for Withdrawals or Drawings?

Debit

Credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is Normal Balance for Capital or Equity?

Debit

Credit

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