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If you have difficulty answering the following questions, learn more about this topic by reading our Bookkeeping (Explanation).
| 1. These are entered on the left side of an account. | DEBITS STDIBE | Unscramble |
| 2. These are entered on the right side of an account. | CREDITS RTDSCEI | Unscramble |
| 3. These accounts will normally have a credit balance. | LIABILITIES IELATISILIB | Unscramble |
| 4. These accounts will normally have debit balances. | ASSETS TSESAS | Unscramble |
| 5. Sales are an example of retailers' operating __________________. | REVENUES EENESVUR | Unscramble |
| 6. Accounts are contained in the general ___________. | LEDGER DLRGEE | Unscramble |
| 7. Entries for depreciation are first written in the general ___________. | JOURNAL NORLAJU | Unscramble |
| 8. The credit amount in the depreciation entry is recorded in ______________ Depreciation. | ACCUMULATED DTUCAMALCUE | Unscramble |
| 9. Under _________-entry bookkeeping a transaction affects a minimum of two accounts. | DOUBLE UDELOB | Unscramble |
| 10. The accounting or bookkeeping ___________ is Assets = Liabilities + Stockholders' Equity. | EQUATION UNIAQETO | Unscramble |
| 11. Bona fide invoices from suppliers that are to be paid in 30 days are reported in Accounts _______. | PAYABLE YABEALP | Unscramble |
| 12. The ______ of accounts receivable sorts the customers' balances according to the dates due. | AGING GINGA | Unscramble |
| 13. These will reduce stockholders' equity. | EXPENSES NXSEEEPS | Unscramble |
| 14. The type of adjusting entry associated with a prepayment. | DEFERRAL LEDERRFA | Unscramble |
| 15. The type of account that is affected by the accrual of an expense. | LIABILITY ILBAIYITL | Unscramble |
| 16. Internal controls include the _______________ of duties. | SEPARATION ROSTAENAIP | Unscramble |
| 17. A ___________-in-transit may be one of the adjustments appearing in the bank reconciliation. | DEPOSIT SPTDOIE | Unscramble |
| 18. Another term for supplier. | VENDOR RODEVN | Unscramble |
| 19. One to whom money is owed. | CREDITOR ODCIERRT | Unscramble |
| 20. __________ Insurance is an asset account. | PREPAID RAEIPDP | Unscramble |
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After working as an accountant, consultant, and university accounting instructor for more
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