Multiple Choice
Match the terms with the definitions.
-A tool used to illustrate the double-entry accounting system showing the account title,left side,and right side.
A) balance
B) credit
C) credit balance
D) debit
E) debit balance
F) double-entry accounting
G) footings
H) normal balance
I) account
J) trial balance
Correct Answer:

Verified
Correct Answer:
Verified
Q17: When services are performed for which payment
Q18: The fact that each transaction has a
Q19: Match the terms with the definitions.<br>
Q20: The standard T account includes all of
Q21: A credit increases liabilities and owner's equity.
Q23: The trial balance is used in preparing
Q24: A trial balance is taken periodically to
Q25: The accounts below all have normal
Q26: The difference between the total debits and
Q27: The accounting equation must remain in balance.