Identify whether a debit or credit results in the indicated change for each of the following accounts.
a | To increase Cash | Debit |
b | To decrease Supplies | Credit |
c | To increase Janitorial Expenses | Debit |
d | To increase Haircutting Revenue | Credit |
e | To decrease Taxes Payable | Debit |
f | To decrease Office Supplies | Credit |
g | To increase Unearned Subscriptions | Credit |
h | To decrease Land | Credit |
i | To increase Common Stock | Credit |
j | To increase Office Equipment | Debit |
Identify whether a debit or credit results in the indicated change for each of the following...
Identify whether a debit or credit results in the indicated change for each of the following accounts. a. To increase Note Receivable b. To decrease Prepaid Rent c. To increase Delivery Expense d. To increase Haircutting Revenue e. To decrease Utilities Payable f. To decrease Prepaid Parking g. To increase Taxes Payable h. To decrease Furniture i. To increase Common Stock j. To increase Office Supplies Indicate the financial statement on which each of the following items appears. Use Ifor...
Identify whether a debit or credit yields the indicated change for each of the following accounts. a. To increase Furniture b. To decrease Equipment c. To increase Supplies Expense d. To increase Haircutting Revenue e. To decrease Taxes Payable f. To decrease Office Equipment g. To increase Interest Payable h. To decrease Store Equipment . To increase Owner, Capital i To increase Trucks
Identify whether a debit or credit results in the indicated change for each of the following accounts. Debit Debit a. To increase Supplies b. To decrease Store Supplies c. To increase Legal Expense d. To increase Consulting Revenue e. To decrease Salaries Payable f. To decrease Equipment g. To increase Interest Payable h. To decrease Buildings i. To increase Common Stock j. To increase Store Equipment Debit Credit
Identify whether a debitor credit results in the Indicated change for each of the following accounts Credit Debit Credit a. To increase Office Supplies b. To decrease Furniture To increase Janitorial Expense d. To increase Rental Revenue e. To decrease Wages Payable f. To decrease Office Equipment 9. To increase Cash h. To decrease Factory i. To increase Common Stock 1. To increase Trucks
Identify whether a debit or credit results in the indicated change for each of the following accounts. . a. To increase Prepaid Service Fees b. To decrease Cash c. To increase Salaries Expense d. To increase Rental Revenue e. To decrease Salaries Payable f. To decrease Supplies g. To increase Utilities Payable h. To decrease Office Supplies i. To increase Owner, Capital 1. To increase Store Supplies S
QS 2.7 Analyzing debit or credit by account LO A1 Identify whether a debitor credit results in the Indicated change for each of the following accounts. Debit का To increase Land To decrease Cash c To increase Fees Earned (Revenues) d. To increase Salaries Expense e To decrease Uneamed Revenue 1 To decrease Prepaid Rent To increase Notes Payable h. To decrease Accounts Receivable i. To increase Owner, Capital j. To Increase Store Equipment Credit
Identify the normal balance (debit or credit) for each of the following accounts. Normal Ending Balance a. Factory b. Fees Earned (Revenues) Credit c. Haircutting Revenue d. Accounts Payable e. Land f. Office Supplies g. Cash h. Insurance Expense i. Buildings
Identify the normal balance (debit or credit) for each of the following accounts. Normal Ending Balance a. Factory b. Fees Earned (Revenues) c. Haircutting Revenue d. Accounts Payable e. Land f. Office Supplies g. Cash h. Insurance Expense i. Buildings
Indicate whether a debit or credit decreases the normal balance of each of the following accounts Decrease Normal Balance Unearned Revenue b. Unearned Store Sales c. Accounts Payable d. Taxes Payable e. Common Stock f. Buildings 9. Consulting Revenue h. Factory Service Fees Earned Haircutting Revenue Service Revenue 1. Interest Revenue 1 < Prev 34 of 63 !!! Next >
QS 2-4 Identifying normal balance LO C4 Identify the normal balance (debit or credit) for each of the following accounts. Normal Ending Balance a. Rent Expense Debit b. Legal Expense Debit c. Interest Payable Credit d. Factory Debit e. Fees Earned (Revenues) Credit f. Haircutting Revenue Credit 9. Accounts Payable Credit h. Land Debit 1. Office Supplies Debit