ACCT 2013 Chapter 5: ACCT note 5
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4 Oct 2016
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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 |