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Quiz 1

Authored by Tadea Jeraldyn

Other

12th Grade

Used 16+ times

Quiz 1
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10 questions

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1.

MULTIPLE SELECT QUESTION

10 sec • 1 pt

Normal Balance of FREIGHT IN?

Debit

Credit

2.

MULTIPLE SELECT QUESTION

10 sec • 1 pt

Normal Balance of Freight Out?

Debit

Credit

3.

MULTIPLE SELECT QUESTION

10 sec • 1 pt

Normal Balance of Sales?

Debit

Credit

4.

MULTIPLE SELECT QUESTION

10 sec • 1 pt

PURCHASES?

Debit

Credit

5.

MULTIPLE SELECT QUESTION

10 sec • 1 pt

Merchandise Inventory

Credit

Debit

6.

MULTIPLE SELECT QUESTION

10 sec • 1 pt

What is the Normal Balance of Purchase Discount?

Credit

Debit

7.

MULTIPLE SELECT QUESTION

10 sec • 1 pt

PURCHASE RETURNS AND ALLOWANCES?

DEBIT

CREDIT

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