Ch. 2 Accounting Normal Balance

Ch. 2 Accounting Normal Balance

11th Grade - University

15 Qs

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Ch. 2 Accounting Normal Balance

Ch. 2 Accounting Normal Balance

Assessment

Quiz

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11th Grade - University

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Created by

Shannon Quible

Used 327+ times

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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the normal balance for the Cash account?
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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