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Debit & Credit

Total questions: 20

Worksheet time: 3mins

Name
Class
Date
1.

To increase the balance of the CASH account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

2.

To increase the balance of the LAND account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

3.

To increase the balance of the NOTES PAYABLE account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

4.

To increase the balance of the ACCOUNTS RECEIVABLE account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

5.

To increase the balance of the CAPITAL account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

6.

To Increase the balance of the SALES account , would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

7.

To Increase the balance of the SALES RETURNS account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

8.

To increase the balance of the DISCOUNT RECEIVED account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

9.

To increase the balance of the COMMISSION RECEIVED account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

10.

To increase the balance of the COMPUTER account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

11.

To decrease the balance of the CASH account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

12.

To decrease the balance of the LAND account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

13.

To decrease the balance of the NOTES PAYABLE account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

14.

To decrease the balance of the ACCOUNTS RECEIVABLE account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

15.

To decrease the balance of the CAPITAL account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

16.

To decrease the balance of the DISCOUNT RECEIVED account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

17.

To decrease the balance of the LOAN account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

18.

To decrease the balance of the COMPUTER account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

19.

To increase the balance of the DRAWINGS account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit

20.

To decrease the balance of the INVENTORY account, would you debit the account or would you credit the account? Tick the right option.

a)

Debit

b)

Credit