What is the normal balance for the Cash account?
Ch. 2 Accounting Normal Balance
11th Grade - University
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Ch. 2 Accounting Normal Balance
Quiz
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Other
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11th Grade - University
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Medium
Shannon Quible
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15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Debit
Credit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance for the Accounts Payable account?
Debit
Credit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance for the Capital account?
Debit
Credit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance for the Office Supplies account?
Debit
Credit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance for the Expenses accounts?
Debit
Credit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance for the Prepaid Insurance account?
Debit
Credit
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance for the Owner's Withdrawal account?
Debit
Credit
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