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Which of the following accounts has a normal debit balance

Which of the following accounts has a normal debit balance



1.	Which of the following accounts has a normal debit balance?
a.	Owner's Withdrawals
b.	Owner's Capital
c.	Unearned Fees
d.	Wages Payable



	2.	Which of the following accounts has a normal debit balance?
a.	Art Fees Earned
b.	Notes Payable
c.	Prepaid Insurance
d.	Unearned Art Fees



	3.	Which of the following accounts has a normal credit balance?
a.	Accounts Receivable
b.	Owner's Capital
c.	Wages Expense
d.	Owner's Withdrawals



	4.	Which of the following accounts has a normal debit balance?
a.	Wages Payable
b.	Fees Earned
c.	Rent Expense
d.	Owner's Capital



	5.	Which of the following accounts is decreased with a debit?
a.	Notes Payable
b.	Cash
c.	Interest Expense
d.	Owner's Withdrawals


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29 Apr 2016

Answers (1)

  1. Genius

    Which of the following accounts has a normal debit balance

    Which of the following accounts has a normal debit balance Which of the following ****** ******
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