FABM1 Rules of Debit and Credit Practice
Authored by Marione Fauni
Business
11th Grade
Used 4+ times
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12 questions
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1.
DROPDOWN QUESTION
1 min • 1 pt
Determine what side each major accounts are increasing and decreasing:
Assets increase in the (a) . Hence, if an Asset increased, it should be (b) .
2.
DROPDOWN QUESTION
1 min • 1 pt
Determine what side each major accounts are increasing and decreasing:
Assets decrease in the (a) . Hence, if an Asset decreased, it should be (b) .
3.
DROPDOWN QUESTION
1 min • 1 pt
Determine what side each major accounts are increasing and decreasing:
Liabilities increase in the (a) . Hence, if a Liabilities increased, it should be (b) .
4.
DROPDOWN QUESTION
1 min • 1 pt
Determine what side each major accounts are increasing and decreasing:
Liabilities decrease in the (a) . Hence, if a Liabilities decreased, it should be (b) .
5.
DROPDOWN QUESTION
1 min • 1 pt
Determine what side each major accounts are increasing and decreasing:
Drawings increase in the (a) . Hence, if a Drawings increased, it should be (b) .
6.
DROPDOWN QUESTION
1 min • 1 pt
Determine what side each major accounts are increasing and decreasing:
Drawings decrease in the (a) . Hence, if a Drawings decreased, it should be (b) .
7.
DROPDOWN QUESTION
1 min • 1 pt
Determine what side each major accounts are increasing and decreasing:
Expenses decrease in the (a) . Hence, if an Expenses decreased, it should be (b) .
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