03 - T-Accounts, Debits and Credits, Exam 3 - 03 T-Accounts...

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03 - T-Accounts, Debits and Credits, Exam 3 Part 1 of 1 - 85.0/ 100.0 Points Question 1 of 20 5.0/ 5.0 Points The beginning balance in the Computers account was $2,000. The company purchased an additional $1,000 worth of computers. The balance in the account is a A. debit of $2,000. B. credit of $3,000. C. debit of $3,000. D. credit of $2,000.
Question 2 of 20 5.0/ 5.0 Points Which type of account has a normal credit balance?
Question 3 of 20 5.0/ 5.0 Points What would be the effect on accounts if the owner withdrew cash?
Question 4 of 20 5.0/ 5.0 Points
The left side of any account is the
Question 5 of 20 5.0/ 5.0 Points An account is said to have a debit balance if A. the footing of the debits exceeds the footing of the credits. B. there are more entries on the debit side than on the credit side. C. its normal balance is debit without regard to the amounts or number of entries on the debit side. D.

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