T-Account
Quiz by Fatima
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4 questions
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- Q1The second step of the accounting cycle is ?source of fundsJournals entriesTrial balance30s
- Q2If cash account has Dr side 5000 , Cr side 1000 ; the balance will be ?Cr 4000Dr 4000Dr 600030s
- Q3The normal balance for Notes payable is ?none of the aboveDebitCredit30s
- Q4It has credit normal balance ?Drawingfees earnedRent Expense30s