Lesson 02 - 01 Rules of Debit and Credit
Authored by Michael Lagunday
Financial Education
Professional Development
Used 4+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 2 pts
Determine whether the account is to be DEBITed or CREDITed.
Increase in Cash account
Debit
Credit
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Determine whether the account is to be DEBITed or CREDITed.
Decrease in Accounts Payable account
Debit
Credit
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Determine whether the account is to be DEBITed or CREDITed.
Increase in Revenue account
Debit
Credit
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Determine whether the account is to be DEBITed or CREDITed.
Increase in Salaries Payable account
Debit
Credit
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Determine whether the account is to be DEBITed or CREDITed.
Increase in Accounts Receivable account
Debit
Credit
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Determine whether the account is to be DEBITed or CREDITed.
Decrease in Noted Receivable account
Debit
Credit
7.
MULTIPLE CHOICE QUESTION
45 sec • 4 pts
Determine whether the account is to be DEBITed or CREDITed.
Increase in Accrued Expense account
Debit
Credit
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
