Which of the following accounts does NOT have a normal debit balance?
Which of the following accounts does NOT have a normal debit balance?
Which of the following accounts does NOT have a normal balance? A. Office Supplies--Balance 1,000 debit B. Accounts Payable --Balance 1,000 credit C. Unearned Revenue--Balance 1,000 credit D. Utilities expense--Balance 1,000 debit E. Service Revenue-Balance 1,000 debit
Identify the normal balance (debit or credit) for each of the following accounts. Show All Items Normal Ending Balance Warehouse b. Common Stock c. Land d. Dividends e. Repairs Expense f. Prepaid Insurance g. Wages Payable h. Unearned Ticket Revenue i. Trucks
11. Which of the following accounts has a normal debit balance? (2 PT) a Service revenue b. Owner's Capital c. Unearned Fees d. Wages expense I
All of the following accounts have a normal credit balance except:Group of answer choicesPrepaid RentAccounts PayableUnearned RevenueRevenueNotes Payable
Which of the following groups of accounts have a normal credit balance? A. Assets, capital, and withdrawals B. Liabilities, expenses, and assets C. Assets, expenses, and withdrawals D. Revenue, liabilities, and capital Which of the following groups of accounts have a normal debit balance? A. Liabilities, Expenses, and Assets B. Revenue, Liabilities, and Expense C. Assets, Expenses, and Withdrawals D. Assets, Capital, and Withdrawals The ledger is: A. a group of accounts that records results from business transactions. B. a tool used to ensure that all accounts have normal balances. C. a tool...
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
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
For the following accounts please indicate whether the normal balance is a debit or a credit. Sales Dividends Office Supplies Retained Earnings Accounts Receivable Prepaid Rent Prepaid Insurance Wages Payable Building Wages Expense
1 .Choose all the accounts below that would be INCREASED by a DEBIT entry to the account. Group of answer choices Assets Dividends Capital Contributions Revenues Contra Assets Losses Expenses Liabilities Contra Revenues Retained Earnings Gains 2. Choose all the accounts below that would be DECREASED by a CREDIT entry to the account. Group of answer choices Retained Earnings Assets Equity Expenses Dividends Contra Assets Losses Liabilities 3. Choose all the accounts below that would be DECREASED by a DEBIT...
Indicate whether each of the following accounts has its balance increased with a debit or a credit. Notes Payable Cash Common Stock Prepaid Insurance Dividends Land Service Revenue Choose.. Choose... Choose... * Choose... + debit + Choose...+ Choose... + Choose...+ Accounts Receivable Supplies Expense Choose... + Deferred (or Unearned) RevenueChoose....