QUESTION 10 The normal balancefor the Common Stock account for Stockholder's Equity account) is a Credit Cr balance True False QUESTION 11 Adjusting entries are made at the beginning of an accounting period (1st day of a month). True False QUESTION 12 The adjusting entry to record the using up of Supplies (Asset account) during a period: Debit: Supplies Expense / Credit: Supplies True False QUESTION 13 The adjusting entry to record the using up of 5300 value for equipment during a period: Credit: Accumulated Depreciation $300 / Debit: Depreciation Expense $300. True False