Accounts and their Normal Balances
9th Grade
•6 Qs
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Accounts and their Normal Balances
Quiz
•
Business
•
9th Grade
•
Medium
Carleen Zapata
Used 8+ times
FREE Resource
6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Normal balance for Expenses?
Debit
Credit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Normal Balance for Assets?
Debit
Credit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Normal Balance for Income or Revenue?
Debit
Credit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Normal Balance for Liabilities?
Debit
Credit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Normal Balance for Withdrawals or Drawings?
Debit
Credit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Normal Balance for Capital or Equity?
Debit
Credit
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