Accounting Honors Chapter 4
10th Grade
•25 Qs
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Accounting Honors Chapter 4
Quiz
•
Business
•
10th Grade
•
Easy
Jennifer Gallagher
Used 1+ times
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the decrease side for Accounts Payable?
Debit
Credit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The normal balance side of an owner's capital account is the debit side.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the decrease side for Accounts Receivable?
Debit
Credit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the decrease side for Cash in Bank?
Debit
Credit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the decrease side for Abe Dunn, Capital?
Debit
Credit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Liability and capital accounts are increased on the debit side.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the normal balance for Abe Dunn, Capital?
Debit
Credit
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