1. Consulting Revenue would appear on the:

a. Balance Sheet

b. Income Statement

c. Statement of Owner's Equity

2.Notes Receivable would appear on the:

a. Balance Sheet

b. Income Statement

c. Statement of Owner's Equity

3.Increase Accounts Payable with a:

a. Debit

b. Credit

4.The account classification for Allowance for Doubtful Accounts is contra:

a. Asset

b. Liability

c. Equity

d. Revenue

e. Expense

5.Increase Sales Tax Payable with a

a. Debit

b. Credit

6.The account classification for Common Stock is:

a. Asset

b. Liability

c. Equity

d. Revenue

e. Expense

7.The account classification for Allowance for Doubtful Accounts is contra:

a. Asset

b. Liability

c. Equity

d. Revenue

e. Expense

8.The normal balance for Equipment is:

a. Debit

b. Credit

9.Increase Common Stock with a:

a. Debit

b. Credit

10.Decrease Equipment with a:

a. Debit

b. Credit

11.The normal balance for Cash is

a. Debit

b. Credit

12. The normal balance for Loss on the Sale of Equipment is:

a. Debit

b.Credit

13.Increase Interest Expense with a:

a. Debit

b. Credit

14.The account classification for Accumulated Depreciation is a contra:

a. Asset

b. Liability

c. Equity

d. Revenue

e. Expense

15.The normal balance for Interest Expense is:

a. Debit

b. Credit

16.Decrease Accounts Receivable with a:

a. Debit

b. Credit

17.Increase Machinery with a:

a. Debit

b. Credit

18.The normal balance for Supplies is:

a. Debit

b. Credit

19.Accounts Payable would appear on the:

a. Balance Sheet

b. Income Statement

c. Statement of Owner's Equity

20.The normal balance for Salaries Expense is:

a. Debit

b. Credit

21.The account classification for Consulting Revenue is:

a. Asset

b. Liability

c. Equity

d. Revenue

e. Expense

22.The account classification for Equipment is:

a. Asset

b. Liability

c. Equity

d. Revenue

e. Expense

23.The normal balance for Notes Payable is:

a. Debit

b. Credit

24.Utilities Expense would appear on the:

a. Balance Sheet

b. Income Statement

c. Statement of Owner's Equity

25.The account classification for Accumulated Depreciation is a contra:

a. Asset

b. Liability

c. Equity

d. Revenue

e. Expense