AC 231 Normal Balances

Created by jparke67154 

Upgrade to
remove ads

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 Depreciation?

credit

What is the normal balance of Accumulated Depletion?

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?

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?

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?

debit

What is the normal balance of Purchases?

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 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?

credit

What is the normal balance of Sales?

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?

debit

What is the normal balance of Supplies?

debit

What is the normal balance of Supplies Expense?

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?

Please allow access to your computer’s microphone to use Voice Recording.

Having trouble? Click here for help.

We can’t access your microphone!

Click the icon above to update your browser permissions above and try again

Example:

Reload the page to try again!

Reload

Press Cmd-0 to reset your zoom

Press Ctrl-0 to reset your zoom

It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.

Please upgrade Flash or install Chrome
to use Voice Recording.

For more help, see our troubleshooting page.

Your microphone is muted

For help fixing this issue, see this FAQ.

Star this term

You can study starred terms together

NEW! Voice Recording

Create Set