Accounting I- Chapter 2- Vocab Review
Authored by Briar Alexander
Business
9th - 12th Grade
Used 3+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An accounting device used to analyze transactions
T Account
Debit
Credit
Chart of Accounts
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An amount recorded on the left side of a T account
Credit
Debit
Normal Balance
Chart of Accounts
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An amount recorded on the right side of a T account
Debit
Normal Balance
Credit
Chart of Accounts
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The side of the account that is increased
Normal Balance
Credit
Debit
T account
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A list of accounts used by a business
Debit
Normal Balance
T account
Chart of Accounts
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