The difference between the total debits and credits to an account is called a
A) balance.
B) ruling.
C) footing.
D) trial balance.
Correct Answer:
Verified
Q45: The drawing account should be used to
Q46: The normal balance of a capital account
A)
Q47: A T account has which of the
Q48: An increase in an asset account may
Q49: Increases are entered on the credit side
Q51: A credit
A) increases assets.
B) is on the
Q52: A cash payment on a loan affects
Q53: A debit
A) is on the left side.
B)
Q54: Totals on the debit and credit sides
Q55: An example of an expense is
A) prepaid
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