Debit & Credit

Debit & Credit

Professional Development

20 Qs

quiz-placeholder

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Debit & Credit

Debit & Credit

Assessment

Quiz

Professional Development

Professional Development

Hard

Created by

Joshua Hodo

Used 127+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

To increase the balance of the CASH account, would you debit the account or would you credit the account? Tick the right option.

Debit

Credit

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

To increase the balance of the LAND account, would you debit the account or would you credit the account? Tick the right option.

Debit

Credit

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

To increase the balance of the NOTES PAYABLE account, would you debit the account or would you credit the account? Tick the right option.

Debit

Credit

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

To increase the balance of the ACCOUNTS RECEIVABLE account, would you debit the account or would you credit the account? Tick the right option.

Debit

Credit

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

To increase the balance of the CAPITAL account, would you debit the account or would you credit the account? Tick the right option.

Debit

Credit

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

To Increase the balance of the SALES account , would you debit the account or would you credit the account? Tick the right option.

Debit

Credit

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

To Increase the balance of the SALES RETURNS account, would you debit the account or would you credit the account? Tick the right option.

Debit

Credit

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