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IDENTIFYING NORMAL BALANCE AS CREDIT OR DEBIT

Authored by Joanne Navalle

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University

Used 5+ times

IDENTIFYING NORMAL BALANCE AS CREDIT OR DEBIT
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16 questions

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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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