U1 Learn Account (Increases) Normal Balances
Authored by Bobbie Jones
Computers
11th Grade
Used 7+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance?
Cash
Dr (Increases)
Cr (Increases)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance?
Insurance Expense
Dr (Increases)
Cr (Increases)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance?
Prepaid Insurance
Dr (Increases)
Cr (Increases)
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance?
Sales
Dr (Increases)
Cr (Increases)
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance?
Product Income
Dr (Increases)
Cr (Increases)
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance?
Any Payable
Dr (Increases)
Cr (Increases)
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance?
Accounts Receivable
Dr (Increases)
Cr (Increases)
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