Which of the following is an unofficial tool of accounting?
A) Account
B) T-account
C) Debit
D) Credit
E) Accountant
Correct Answer:
Verified
Q40: Expenses paid in advance such as rent
Q41: Debit means:
A) decrease.
B) increase.
C) the right side
Q42: The T-account aids in separating:
A) increases and
Q43: A T-account has a $759 debit balance.
Q44: The retained earnings accounts of dividends, revenues,
Q46: An investment of cash in a business
Q47: What is the normal account balance for
Q48: The fact that each transaction has a
Q49: A T-account has a $509 credit balance.
Q50: Name the three major parts of a
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