Q. Entries to revenues accounts such as Service Revenues are usually

Q. Entries to expenses such as Rent Expense are usually

Q. What will usually cause an asset account to increase?

Q. When a company pays a bill, the account Cash will be

Q. When cash is received, the account Cash will be

Q. Which term is associated with "right" or "right-side"?

Q. Which term is associated with "left" or "left-side"?

Q. The financial statement that reports the assets, liabilities, and stockholders' (owner's) equity at a specific date is the:

Q.

rates and taxes are an/a ________?

Q.

water and electricity is an/a __________?

Q.

trading stock is an/a ________?

Q.

Equipment are an example of an/a ______?

Q.

________ are debts of the business?

Q.

assets decreases on the _______ side?

Q.

owners equity decreases on the _________ side?

Q.

Assets increase on the ________ side?

Q.

Double entry in accounting means there must be________ entries for every transaction?