题目内容

Accumulated Depreciation is a account and carries a normal balance.

A. revenue; debit
B. expense; debit
C. contra asset; credit
D. liability; credit

查看答案

搜索结果不匹配？点我反馈

更多问题

Unearned Revenue is a account and carries a normal balance.

A. liability; credit
B. asset; credit
C. revenue; debit
D. asset; debit

查看答案

What type of account is Prepaid Rent and what is its normal balance?

A. expense and debit
B. liability and credit
C. revenue and credit
D. asset and debit

查看答案

A company received $5,000 for 100 one-year subscriptions on July 1. The journal entry to record this cash receipt would include a:

A. credit to Accounts Payable for $5,000.
B. debit to Prepaid Expenses for $5,000.
C. credit to Unearned Revenue for $5,000.
D. debit to Note Payable for $5,000.

查看答案

Henry Tax Planning Service bought computer equipment for $24,000 on January 1, 2014. It has an estimated useful life of 4 years and zero residual value. Henry uses the straight-line method to calculate depreciation and records depreciation expense in the books at the end of every month. Calculate the amount of Depreciation Expense for the period, January 1, 2014 through September 30, 2014, for this equipment.

A. $6,000
B. $4,500
C. $6,500
D. $5,000

查看答案

Accumulated Depreciation is a ________ account and carries a ________ normal balance.

A. revenue; debit B. expense; debit C. contra asset; credit D. liability; credit

Unearned Revenue is a ________ account and carries a ________ normal balance.

What type of account is Prepaid Rent and what is its normal balance?

A company received $5,000 for 100 one-year subscriptions on July 1. The journal entry to record this cash receipt would include a:

Accumulated Depreciation is a account and carries a normal balance.

A. revenue; debit
B. expense; debit
C. contra asset; credit
D. liability; credit

Unearned Revenue is a account and carries a normal balance.