题目内容

The normal balance of any account is the()

A. left side
B. right side
C. side which increases that account
D. side which decreases that account

查看答案
更多问题

A credit is not the normal balance for which account listed below()

A. Supplies Expense
B. Service Revenue
C. Notes Payable
D. Owner,Capital

A chart of accounts usually starts with()

A. asset accounts
B. expense accounts
C. liability accounts
D. revenue accounts

The right side of an account()

A. is the correct side
B. reflects all transactions for the accounting period
C. shows all the balances of the accounts in the system
D. is the credit side

In recording an accounting transaction in a double-entry system()

A. the number of debit accounts must equal the number of credit accounts
B. there must always be entries made on both sides of the accounting equation
C. the amount of the debits must equal the amount of the credits
D. there must only be two accounts affected by any transaction

答案查题题库