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Match the Following Account Titles Below with Their Normal Account

Question 121

Matching

Match the following account titles below with their normal account balance

Premises:
Discount on Notes Payable
Premium on Bonds Payable
Paid-in-Capital in Excess of Par
Stock Dividend Distributable
Treasury Stock
Paid-in-Capital from Treasury Stock Transactions
Responses:
C for Credit
D for Debit

Correct Answer:

Discount on Notes Payable
Premium on Bonds Payable
Paid-in-Capital in Excess of Par
Stock Dividend Distributable
Treasury Stock
Paid-in-Capital from Treasury Stock Transactions
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