Education

10th

grade

Image

Double entry quiz

62
plays

10 questions

Show Answers
See Preview
  • 1. Fill in the Blank
    2 minutes
    5 pts

    J. Gibson started a business with $70,000 which was deposited into the business' bank account. The two accounts being affected are bank and ______

  • 2. Multiple Choice
    1.5 minutes
    5 pts

    D. Michaels paid rent in the amount of $5000, using funds from the company's bank account. In their books bank will be

    Debited

    Credited

  • 3. Multiple Choice
    1.5 minutes
    5 pts

    G. Hobbs bought goods from us on credit and therefore owes us money. In our books we will _____ G. Hobbs' account

    Debit

    Credit

  • Answer choices
    Tags
    Answer choices
    Tags

    Explore all questions with a free account

    Already have an account?