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Cost of Goods Sold would appear on the: Balance Sheet Income Statement Statement of Owner's Equity 5 points QUESTION 2 Decrease Owner's Capital with a:

Cost of Goods Sold would appear on the: Balance Sheet Income Statement Statement of Owner's Equity 5 points

QUESTION 2 Decrease Owner's Capital with a: Debit Credit 5 points

QUESTION 3 Decrease Merchandise Inventory with a: Debit Credit 5 points

QUESTION 4 Increase Consulting Revenue with a: Debit Credit 5 points

QUESTION 5 Increase Utilities Expense with a: Debit Credit 5 points

QUESTION 6 Owner Withdrawals would appear on the: Balance Sheet Income Statement Statement of Owner's Equity 5 points

QUESTION 7 Decrease Salaries Expense with a: Debit Credit 5 points

QUESTION 8 The normal balance for Accumulated Depreciation is: Debit Credit 5 points

QUESTION 9 Increase Accumulated Depreciation with a: Debit Credit 5 points

QUESTION 10 The account classification for Sales is: Asset Liability Equity Revenue Expense 5 points

QUESTION 11 Increase Accounts Receivable with a: Debit Credit 5 points

QUESTION 12 Cash would appear on the Balance Sheet Income Statement Statement of Owner's Equity 5 points

QUESTION 13 Increase Sales Returns and Allowances with a: Debit Credit 5 points

QUESTION 14 Decrease Utilities Expense with a: Debit Credit 5 points

QUESTION 15 Decrease Prepaid Rent with a: Debit Credit 5 points

QUESTION 16 The account classification for Prepaid Insurance is: Asset Contra-Asset Liability Equity Expense 5 points

QUESTION 17 Decrease Accounts Payable with a: Debit Credit 5 points QUESTION 18 Increase Cash with a Debit Credit 5 points

QUESTION 19 Decrease Cash with a Debit Credit 5 points

QUESTION 20 The account classification for Cash is Asset Liability Equity Revenue Expense

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