Question 15

Decrease Supplies with a:

		Debit
		Credit

4 points

Question 16

The account classification for Consulting Revenue is:

		Asset
		Liability
		Equity
		Revenue
		Expense

4 points

Question 17

Equipment would appear on the:

		Balance Sheet
		Income Statement
		Statement of Owner's Equity

4 points

Question 18

Increase Notes Payable with a:

		Debit
		Credit

4 points

Question 19

Increase Sales Tax Payable with a

		Debit
		Credit

4 points

Question 20

Decrease Premium on Bonds Payable with a:

		Debit
		Credit

4 points

Question 21

The normal balance for Supplies is:

		Debit
		Credit

4 points

Question 22

Decrease Cash with a

		Debit
		Credit

4 points

Question 23

Owner Withdrawals would appear on the:

		Balance Sheet
		Income Statement
		Statement of Owner's Equity

4 points

Question 24

The normal balance for Owner Withdrawals is:

		Debit
		Credit

4 points

Question 25

The normal balance for Interest Expense is:

		Debit
		Credit

4 points