Which set of accounts below would have a normal debit balance?Multiple choice question.Revenues; Dividends, Prepaid rentExpenses, Dividends; Common StockExpenses; Dividends; CashDividends; Expenses; Unearned rent

A debit is not the normal balance for which account listed below? Group of answer choices Dividends Cash Accounts Receivable Service Revenue

Which of the following describes the classification and normal balance of the Retained Earnings account? Group of answer choices Asset, debit Equity, credit Revenues, credit Expense, debit

Which of the following accounts would probably be listed before the others in a chart of accounts? Group of answer choices Accumulated Depreciation—Buildings Insurance Expense Dividends Accounts Payable

The normal balance of asset account is A. Credit balance B. Debit balance C. Cash balance D. Neither debit nor credit balance

1)Which of the following accounts would be listed on the credit side of a trial balance? 答案及選項: A.  Rent and rates B.  Returns inwards C.  Cash D.  Returns outwards2)Which of the following accounts can be in debit balances on a trial balance?(1) Investment(2) James Lee(3) Bank(4) Returns inwards 答案及選項: A.  (1) and (2) only B.  (1), (2), (3) and (4) C.  (1), (3) and (4) only D.  (3) and (4) only3)Mandy operates a trading business. Her business does not have liabilities. In the trial balance of her business, 答案及選項: A.  only the capital account would have a credit balance. B.  office equipment would not be shown. C.  There would be an bank overdraft D.  there would be no trade payables.4)Tom's flower shop purchased 35 pots of flowers valued at $30,000. Tom's flower shop was required to pay the debt in three weeks. Which of the following double entries is correct? 答案及選項: A.  Debit trade payable account……Credit purchases account B.  Debit purchases account……Credit cash account C.  Debit cash account……Credit purchases account D.  Debit purchases account……Credit trade payable account5)The proprietor of a business withdrew cash for his personal use. The double entry should be: 答案及選項: A.  Debit cash account……Credit bank account B.  Debit cash account……Credit drawings account C.  Debit drawings account……Credit cash account D.  Debit bank account……Credit cash account