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Account Balances

Authored by Julia Salerno

Business

10th - 12th Grade

Used 76+ times

Account Balances
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cash has a normal _______ balance

Debit

Credit

No normal balance

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Petty Cash has a normal _______ balance

Debit

Credit

No normal balance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Accounts Receivable has a normal _______ balance

Debit

Credit

No normal balance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Supplies has a normal _______ balance

Debit

Credit

No normal balance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Prepaid Insurance has a normal _______ balance

Debit

Credit

No normal balance

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Accounts Payable has a normal _______ balance

Debit

Credit

No normal balance

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Capital has a normal _______ balance

Debit

Credit

No normal balance

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