Relacionar Columnas Accounting Ch 11 Terms/Notes QuizVersión en línea 4 Terms and Q's in Notes por Kerri Stegman 1 What is the normal balance for Purchase Returns and Allowances? 2 What is the source document for a sales return and allowance transaction? 3 What type of account is Dividends Payable? 4 Amount to be paid in the future for goods or services already acquired. 5 The total shares of ownership in a corporation. 6 When an invoice is received for buying supplies, a _____ is attached to avoid confusion. 7 What is the normal balance for Sales Returns and Allowances? 8 A source document is prepared for each transaction. 9 What is the normal balance for Dividends? 10 The owner’s equity accounts for a corporation are listed under this division. 11 Financial information is recorded and reported separately from the owner’s personal financial information. 12 What division is Purchase Returns and Allowances is listed under? 13 What is the normal balance for Dividends Payable? 14 What is the source document for a purchase return or allowance transaction? debit stockholder's equity memorandum accounts payable objective evidence debit capital stock credit debit memorandum credit credit memorandum business entity cost of goods sold liability
Crear