PA pre chap 2

PA pre chap 2

University

37 Qs

quiz-placeholder

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PA pre chap 2

PA pre chap 2

Assessment

Quiz

Professional Development

University

Practice Problem

Easy

Created by

Hong Ngoc

Used 2+ times

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37 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The normal balance of an account is the increased side of the account

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Common stock and retained earnings, or increase with debts (Cổ phiếu phổ thông và lợi nhuận giữ lại được tăng lên cùng với các khoản nợ)

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The trial balance verifies the equality of debits and credits on a specific date.

(Số dư dùng thử xác minh sự bằng nhau của các khoản ghi nợ và tín dụng vào một ngày cụ thể.)

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entering a transaction in the journal is also known as booking the journal entry.(Nhập một giao dịch trong nhật ký còn được gọi là đăng ký mục nhật ký.)

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The total debits to an account must equal the total credits to the account.(Tổng số ghi nợ vào tài khoản phải bằng tổng số ghi có vào tài khoản.)

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The total debits to an account must equal the total credits to the account.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the sum of the credits to an account exceeds the sum of the debits to the account, the account will have a credit balance

Tru

False

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