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WorksheetsFABM1 Rules of Debit and Credit Practice
Total questions: 12
Worksheet time: 18mins
Determine what side each major accounts are increasing and decreasing:
Assets increase in the (a) . Hence, if an Asset increased, it should be (b) .
Determine what side each major accounts are increasing and decreasing:
Assets decrease in the (a) . Hence, if an Asset decreased, it should be (b) .
Determine what side each major accounts are increasing and decreasing:
Liabilities increase in the (a) . Hence, if a Liabilities increased, it should be (b) .
Determine what side each major accounts are increasing and decreasing:
Liabilities decrease in the (a) . Hence, if a Liabilities decreased, it should be (b) .
Determine what side each major accounts are increasing and decreasing:
Drawings increase in the (a) . Hence, if a Drawings increased, it should be (b) .
Determine what side each major accounts are increasing and decreasing:
Drawings decrease in the (a) . Hence, if a Drawings decreased, it should be (b) .
Determine what side each major accounts are increasing and decreasing:
Expenses decrease in the (a) . Hence, if an Expenses decreased, it should be (b) .
Determine what side each major accounts are increasing and decreasing:
Expenses increase in the (a) . Hence, if an Expenses increased, it should be (b) .
Determine what side each major accounts are increasing and decreasing:
Equity increase in the (a) . Hence, if an Equity increased, it should be (b) .
Determine what side each major accounts are increasing and decreasing:
Equity decrease in the (a) . Hence, if an Equity decreased, it should be (b) .
Determine what side each major accounts are increasing and decreasing:
Revenue decrease in the (a) . Hence, if a Revenue decreased, it should be (b) .
Determine what side each major accounts are increasing and decreasing:
Revenue increase in the (a) . Hence, if a Revenue increased, it should be (b) .
