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