AC 231 Normal Balances

Réussis tes devoirs et examens dès maintenant avec Quizwiz!

debit

What is the normal balance of Merchandise Inventory?

credit

What is the normal balance of Notes Payable?

debit

What is the normal balance of Notes Receivable?

debit

What is the normal balance of Petty Cash?

debit

What is the normal balance of Prepaid Insurance?

debit

What is the normal balance of Prepaid Rent?

credit

What is the normal balance of Purchases Discounts?

credit

What is the normal balance of Purchases Returns and Allowances?

debit

What is the normal balance of Purchases?

debit

What is the normal balance of Rent Expense?

credit

What is the normal balance of Rent Revenue?

debit

What is the normal balance of Salaries Expense?

credit

What is the normal balance of Salaries Payable?

debit

What is the normal balance of Sales Discounts?

debit

What is the normal balance of Sales Returns and Allowances?

credit

What is the normal balance of Sales Tax Payable?

credit

What is the normal balance of Sales?

debit

What is the normal balance of Supplies Expense?

debit

What is the normal balance of Supplies?

debit

What is the normal balance of Transportation In?

debit

What is the normal balance of Transportation Out?

credit

What is the normal balance of Unearned Rent?

debit

What is the normal balance of Utilities Expense?

debit

What is the normal balance of Drawings?

debit

What is the normal balance of Equipment?

debit

What is the normal balance of Insurance Expense?

debit

What is the normal balance of Interest Expense?

debit

What is the normal balance of Interest Receivable?

credit

What is the normal balance of Interest Revenue?

debit

What is the normal balance of Land?

credit

What is the normal balance of Accounts Payable in the general ledger?

debit

What is the normal balance of Accounts Receivable in the general ledger?

credit

What is the normal balance of Accumulated Depletion?

credit

What is the normal balance of Accumulated Depreciation?

debit

What is the normal balance of Advertising Expense?

credit

What is the normal balance of Allowance for Doubtful Accounts?

debit

What is the normal balance of Buildings?

credit

What is the normal balance of Capital?

debit

What is the normal balance of Cash?

debit

What is the normal balance of Cost of Merchandise/Goods Sold?

debit

What is the normal balance of Depletion Expense?


Ensembles d'études connexes

Chapter 12 vocabulary study guide

View Set

BUILDING AND PERSONAL PROPERTY (BPP) COVERAGE (551-2)

View Set