Question Info

This question is public and is used in 1 group and 547 tests or worksheets.

Type: Fill-In-The-Blank
Category: Accounting
Level: Continuing Education
Score: 25
Author: val3017
Last Modified: 9 days ago

View all questions by val3017.

Accounting Question

View this question.

Add this question to a group or test by clicking the appropriate button below.

Continuing Education Accounting

For each account listed below indicate whether it ordinarily has a debit (D) or a credit (C) balance:

A. Advertising expense         Debit        
B. Accounts payable          Credit         
C. Retained earnings          Credit         
D. Prepaid insurance         Debit        
E. Accounts receivable         Debit        
F. Property & equipment         Debit        
G. Deferred income taxes          Credit         
H. Accumulated depreciation          Credit         
I. Accrued salaries          Credit         
J. Sales          Credit         
K. Common stock          Credit         
L. Investments         Debit        
M. Notes payable          Credit         
You need to have at least 5 reputation to vote a question down. Learn How To Earn Badges.