Accounting 1 Chapter 5 Review

What is the normal balance for Accounts Receivable?

• Debit

• Credit

What is the normal balance for Office Equipment?

• Debit

• Credit

What is the normal balance for Rent Expense?

• Debit

• Credit

What is the normal balance for B. Hubers, Withdrawals?

• Debit

• Credit

What is the normal balance for Office Supplies?

• Debit

• Credit

What is the normal balance for G and G, Capital?

• Debit

• Credit

What is the normal balance for Advertising Expense?

• Debit

• Credit

What is the normal balance for Fees?

• Debit

• Credit

What is the normal balance for Cash in Bank?

• Debit

• Credit

Match the term to the correct definition:

• Expense Accounts NB

• Revenue, Expenses, Withdrawals

• Revenue Accounts NB

• Assets, Liabilities, Owner's Equity

• Permanent Accounts

• Credit

• Temporary Accounts

• Debit