Am I a Debit or Credit
Having an Accounting Degree and know Accounting computer software.
What are Workplace Skills?
Bill Tall, Capital and Bill Tall, Drawing are both classified as:
What is Owner's Equity?
What is $37.20?
The bank fee
What is found on the bank statement?
Accounts Receivable
Basic & Thinking Skills
Foundation Skills
Rent, Telephone, and advertising costs are all classified as:
What is an Expense?
journalize the Payroll tax expense at $436.94, Social Security tax at $354.11, & Medicare Tax at $82.83;
What is Debit Payroll Tax Expense for $436.94 and Credit Social Security Tax Payable for $354.11 & Medicare Tax Payable for $82.83.
Outstanding Checks?
What are checks that haven't cleared the bank.
Income Summary has $3,200 in Debits and $4,000 in Credits; What is the Normal Balance?
What is a Credit Normal Balance
Creativity, Self-Direction, and how to problem solve.
What is 21st Century Skills?
Invested $5,000 into my company; which two accounts are affected?
What is Cash & Capital?
Adjusted Bank balance:
Bank Statement: $1350.00
Outstanding Checks: $270.00
Bank Service Fee: $5.00
Outstanding Deposit: $250.00
Checkbook balance: $1,335.00
What is $1,330.00
To close Expense Accounts
What is a Credit
Provide accurate auditing services without bias.
What is objectivity.
Decreases both assets and owner’s equity
What is a withdrawal?
Mark worked 55 hours @ $15.00/hr plus 2% commission of $7000 of sales, what are gross earnings?
What is $1077.50?
Journalize the Bank's $10.25 Service Charge:
What is Debit Miscellaneous Expense, $10.25; Credit Cash for $10.25.
A Net Income on the Income Statement Report?
What is a Debit
GAAP?
What is General Accepted Accounting Principles.
Liv sent $400 to pay on their account.
What Cash & Accounts Receivable
The entry to pay Federal Unemployment taxes of $28 is:
What is Debit Federal Unemployment Tax Payable, $28; Credit Cash, $28
Journalize a dishonored check for $125.00 written by Davie Company with a bank fee of $25.00.
What is Debit Accounts Receivable/Davie Company, $150; Credit Cash, $150