IDENTIFYING NORMAL BALANCE AS CREDIT OR DEBIT

Quiz
•
Other
•
University
•
Medium
Joanne Navalle
Used 5+ times
FREE Resource
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Indicate whether the normal balance of the account is a debit or credit:
EQUIPMENT
Debit Dr.
Credit Cr.
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Indicate whether the normal balance of the account is a debit or credit:
LAND
Debit Dr.
Credit Cr.
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Indicate whether the normal balance of the account is a debit or credit:
AMRIT SANDHU, WITHDRAWALS
Debit Dr.
Credit Cr.
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Indicate whether the normal balance of the account is a debit or credit:
RENT
Debit Dr.
Credit Cr.
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Indicate whether the normal balance of the account is a debit or credit:
INTEREST INCOME
Debit Dr.
Credit Cr.
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Indicate whether the normal balance of the account is a debit or credit:
PREPAID RENT
Debit Dr.
Credit Cr.
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Indicate whether the normal balance of the account is a debit or credit:
ACCOUNTS RECEIVABLE
Debit Dr.
Credit Cr.
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