Question 11 of 20 50 50 points which of the following

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Question 11 of 20 5.0/ 5.0 Points Which of the following types of accounts has a normal credit balance? A. withdrawals B. assets C. expenses D. revenues
Question 12 of 20 5.0/ 5.0 Points The accounts payable account is __________.
B. an expense, and it has a normal credit balance C. a liability, and it has a normal debit balance D. a liability, and it has a normal credit balance Question 13 of 20 5.0/ 5.0 Points A category that is not in the chart of accounts is __________.
Question 14 of 20 5.0/ 5.0 Points The Accounts Receivable account has total debit postings of $1,900 and credit postings of $1100. The balance of the account is __________.
Question 15 of 20 5.0/ 5.0 Points The owner of BobCats R Us paid his personal MasterCard bill using a company check. The correct entry to record the transaction is __________.
A. credit Cash; debit Capital B. credit Cash; debit Supplies Expense C. credit Cash; debit Withdrawals D. credit Cash; debit Accounts Receivable
Question 16 of 20 5.0/ 5.0 Points When recording transactions in two or more accounts and the totals of the debits and credits are equal, it is called __________.

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