Solved >   38.An account consists of part. b.two:1721444 …


38.An account consists of part.

b.two parts.

c.three parts.

d.four parts.


39.The left side of an account is


b.a description of the account.

c.the debit side.

d.the balance of the account.


40.Which one of the following is not a part of an account?

a.Credit side

b.Trial balance

c.Debit side



41.An account is a part of the financial information system and is described by all except which one of the following?

a.An account has a debit and credit side.

b.An account is a source document.

c.An account may be part of a manual or a computerized accounting system.

d.An account has a title.


42.The right side of an account the correct side.

b.reflects all transactions for the accounting period.

c.shows all the balances of the accounts in the system. the credit side.


43.An account consists of

a.a title, a debit balance, and a credit balance.

b.a title, a left side, and a debit balance.

c.a title, a debit side, and a credit side.

d.a title, a right side, and a debit balance.


44.A T-account is

a.a way of depicting the basic form of an account.

b.what the computer uses to organize bytes of information.

c.a special account used instead of a trial balance.

d.used for accounts that have both a debit and credit balance.



a.decrease both assets and liabilities.

b.decrease assets and increase liabilities.

c.increase both assets and liabilities.

d.increase assets and decrease liabilities.


46.A debit to an asset account indicates error.

b.a credit was made to a liability account.

c.a decrease in the asset. increase in the asset.


47.The normal balance of any account is the

a.left side.

b.right side.

c.side which increases that account.

d.side which decreases that account. is an online academic writing platform that provides extensive assistance to graduate school students as they work through their research projects, papers and dissertations. gives students access to experienced professionals who can provide the help they need in a timely and efficient manner. The service offers a wide range of services, including editing, proofreading, formatting, researching and more that can give students the confidence they need to write the perfect paper or dissertation for their chosen subject matter.

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