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Question 11 of 205.0/ 5.0 PointsWhich of the following types of accounts has a normal credit balance?A. withdrawalsB. assetsC. expensesD. revenuesQuestion 12 of 205.0/ 5.0 PointsThe accounts payable account is __________.
Question 13 of 205.0/ 5.0 PointsA category that is not in the chart of accounts is __________.Question 14 of 205.0/ 5.0 PointsThe Accounts Receivable account has total debit postings of $1,900 and credit postings of $1100. The balance of the account is __________.Question 15 of 205.0/ 5.0 PointsThe 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 CapitalB. credit Cash; debit Supplies ExpenseC. credit Cash; debit WithdrawalsD. credit Cash; debit Accounts ReceivableQuestion 16 of 205.0/ 5.0 PointsWhen recording transactions in two or more accounts and the totals of the debits and credits are equal, it is called __________.