AccountingHub
Practice · A1

Debit-normal or credit-normal?

Sort each account, then journalize all sixteen December transactions yourself.

0 of 12 · 0 tries

  1. 1.Cash

  2. 2.Accounts receivable

  3. 3.Prepaid insurance

  4. 4.Equipment

  5. 5.Accounts payable

  6. 6.Unearned consulting revenue

  7. 7.Common stock

  8. 8.Dividends

  9. 9.Consulting revenue

  10. 10.Rental revenue

  11. 11.Salaries expense

  12. 12.Utilities expense

Practice · P1

Journalize all sixteen

0 of 16 solved

Owner invested $30,000 cash in exchange for common stock.

Continue to Recall →