Apple Bing Google Yahoo W3Schools On...eb Tutorials E SOAP2DAY bbhosted. Mahin's Website My FAFSA 2... Stud Log In | Federal S... Bb Take Test: Final E... C Solved: 5. Which... Remaining Time: 18 minutes, 24 seconds. Question Completion Status: Final Reflections... 1. Which of the following groups of accounts are not balance sheet accounts? A. Assets. B. Liabilities. C. Equity Accounts D. Expenses 2. A credit entry: A. Increases asset and expense accounts, and decreases liability, owner's capital, and revenue account B. Is always a decrease in an account. C. Decrease asset and increase expense accounts, and increases liability, owner's capital, and revenue D. Is recorded on the right side of a T-account. 3. A debit is used to record: A. A decrease in an asset account. B. A decrease in an expense account. C. An decrease in a revenue account. D. An decrease in the balance of the owner's withdrawals account. 4. A credit is used to record: A. A increase in an expense account. B. A increase in an asset account. C. An increase in an unearned revenue account. D. All of these. 5. Which of the following statements is incorrect? A. The normal balance of accounts receivable is a credit. B. The normal balance of owner's withdrawals is a debit. C. The normal balance of unearned revenues is a credit. D. The normal balance of an expense account is a debit. C F1 F2 MAY 19 A 80 a 9 F3 F4 F5 8150 $ % S4 3 #3 12 MacB 16 Safari File Edit View History Bookmarks Apple Bing Google Yahoo W3Schools On...eb Tutorials Window Help SOAP2DAY Abbhoste Mahin's Website Log In | Federal S... Bb Take Test: Final E... C Solved: 5. Which... My FAFSA 2... S Final Reflections... Remaining Time: 18 minutes, 16 seconds. Question Completion Status: 6. A debit is: A. An increase in an asset account. B. The right-hand side of a T-account. C. A decrease in any kind of account. D. The left-hand side and right-hand side of a T-account. 7. Unearned revenues are: A. Revenues that have been earned and received in cash. B. Revenues that have been earned but not yet collected in cash. C. Liabilities created when a customer does not pays for products or services before the revenue is e D. Recorded as liabilities in the accounting records. 8. An account used to record the owner's drawings in the business is called a(n): A. Withdrawals account. B. Capital account. C. Revenue account. D. Expense account. 9. The account used to record the transfers of assets into the business from the owner is: A. A revenue account. B. The owner's withdrawals account. C. The owner's capital account. D. An expense account. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph V Arial > 10pt MAY 19 A Mac