Screen Shot 2018-05-30 at 2.04.48 PM.png

Screen Shot 2018-05-30 at 2.04.48 PM.png - Question 1 1 1...

This preview shows page 1. Sign up to view the full content.

Image of page 1
You've reached the end of this preview.

Unformatted text preview: Question 1. 1/ 1 9‘5 Accounts are records of increases and decreases in individual financial statement items. . True False Question 2 1/ 1 9‘5 The increase side of all accounts is the normal balance. ~ True False Question 3 1/ 1 9‘5 Liability accounts are increased by debits. True ~ False Question 4 1/ 1 pts The normal balance ofa capital account is a debit. True ~ False Question 5 1/ 1 pts The normal balance of the drawing account is a debit. False ...
View Full Document

  • Summer '10
  • Double-entry bookkeeping system, normal balance, individual financial statement

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern