Question

Question 18

FICA Tax Payable would appear on the:

		Balance Sheet
		Income Statement
		Statement of Owner's Equity

4 points

Question 19

Decrease Utilities Expense with a:

		Debit
		Credit

4 points

Question 20

The normal balance for Accounts Receivable is:

		Debit
		Credit

4 points

Question 21

Consulting Revenue would appear on the:

		Balance Sheet
		Income Statement
		Statement of Owner's Equity

4 points

Question 22

The normal balance for Rent Expense is:

		Debit
		Credit

4 points

Question 23

The normal balance for Interest Expense is:

		Debit
		Credit

4 points

Question 24

The account classification for Allowance for Doubtful Accountsis contra:

		Asset
		Liability
		Equity
		Revenue
		Expense

4 points

Question 25

The account classification for Owner's Capital is:

		Asset
		Liability
		Equity
		Revenue
		Expense