Account ID Quiz #3

Accounts Payable

Balance Sheet, Credit (normal balance)

Accounts Receivable

Balance Sheet, Debit (normal balance)

Accumulated Depreciation - Equipment

Balance Sheet, Credit (normal balance)

Bank Charges Expense

Income Statement, Debit (normal balance)

Cash

Balance Sheet, Debit (normal balance)

Cash Over and Short

Income Statement, Debit (normal balance)

Common Stock

Balance Sheet, Credit (normal balance)

Cost of Goods Sold

Income Statement, Debit (normal balance)

Depreciation Expense

Income Statement, Debit (normal balance)

Entertainment Expense

Income Statement, Debit (normal balance)

Equipment

Balance Sheet, Debit (normal balance)

Freight-In

Income Statement, Debit (normal balance)

Freight-Out

Income Statement, Debit (normal balance)

Income Tax Expense

Income Statement, Debit (normal balance)

Income Taxes Payable

Balance Sheet, Credit (normal balance)

Insurance Expense

Income Statement, Debit (normal balance)

Interest Receivable

Balance Sheet, Debit (normal balance)

Interest Revenue

Income Statement, Credit (normal balance)

Inventory

Balance Sheet, Debit (normal balance)

Miscellaneous Expense

Income Statement, Debit (normal balance)

Notes Receivable

Balance Sheet, Debit (normal balance)

Petty Cash

Balance Sheet, Debit (normal balance)

Postage Expense

Income Statement, Debit (normal balance)

Prepaid Insurance

Balance Sheet, Debit (normal balance)

Retained Earnings

Balance Sheet, Credit (normal balance)

Salaries and Wages Expense

Income Statement, Debit (normal balance)

Sales Discounts

Income Statement, Debit (normal balance)

Sales Revenue

Income Statement, Credit (normal balance)

Service Revenue

Income Statement, Credit (normal balance)

Supplies

Balance Sheet, Debit (normal balance)

Supplies Expense

Income Statement, Debit (normal balance)

Travel Expense

Income Statement, Debit (normal balance)

Utilities Expense

Income Statement, Debit (normal balance)