Question 11 of 205.0/ 5.0 PointsAn asset would be debited and a liability credited if __________.
Question 12 of 205.0/ 5.0 PointsOffice Supplies had a normal starting balance of $75. There were debit postings of $80 and credit postings of $60 during the month. The ending balance is __________.
Question 13 of 205.0/ 5.0 PointsAn account is said to have a debit balance if __________.A. the footing of the debits exceeds the footing of the creditsB. there are more entries on the debit side than on the credit sideC. its normal balance is debit without regard to the amounts or number of entries on the debit sideD. the last entry of the accounting period was posted on the debit side
Question 14 of 205.0/ 5.0 PointsA category that is not in the chart of accounts is __________.