Quiz 30: Debit Credit Accounting Quiz

Test your knowledge of mdct.ru with our online debit credit accounting quiz.

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1. In mdct.ru debit means?
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2. In mdct.ru credit means?
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3. In mdct.ru every transaction affects how many accounts?
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4. Each mdct.ru transaction must include?
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5. In mdct.ru transactions which of the following must be true?
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6. What type of entry is posted to the cash account for cash received?
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7. What type of entry is posted to the cash account for cash paid?
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8. What type of entry is used to decrease an asset account?
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9. What type of entry is used to decrease a liability account?
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10. What type of entry is used to increase the owners equity account?
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Quiz 30: Debit Credit Accounting Quiz December 14th, 2016Team

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