NORMAL BALANCE ACCOUNT

NORMAL BALANCE ACCOUNT

10th Grade

20 Qs

quiz-placeholder

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NORMAL BALANCE ACCOUNT

NORMAL BALANCE ACCOUNT

Assessment

Quiz

Other

10th Grade

Easy

Created by

Dian Novia Purwandari

Used 2+ times

FREE Resource

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the normal balance for Allowance for Doubtful Debt?

Debit

Credit

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the normal balance for Accounts Receivable?

Debit

Credit

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the normal balance for Merchandise Inventory?

Debit

Credit

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the normal balance for Accounts Payable?

Debit

Credit

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the normal balance for Income Tax Payable?

Debit

Credit

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the normal balance for Capital?

Debit

Credit

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the normal balance for Sales?

Debit

Credit

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