Which of the following is the normal balance of a rent expense account?

Related Mcqs:

1. Which of the following account with normal balance is shown at the debit side of a trial balance?

   A. Rent income account B. Creditors account C. Unearned income account D. Cash account...

2. Which of the following account with normal balance is shown at the credit side of a trial balance?

   A. Cash account B. Bank account C. Equipment account D. Accrued expenses account...

3. If debit balance is greater than creadit balance then the account blance will be__________?

   A. Credit balance B. Debit and credit balance C. Cash balance D. Debit balance...

4. The normal balance of capital account is_____________?

   A. Credit balance B. Debit balance C. Cash balance D. Neither debit nor credit balance...

5. The normal balance of asset account is____________?

   A. Credit balance B. Debit balance C. Cash balance D. Neither debit nor credit balance...

6. The normal balance of liability account is____________?

   A. Debit balance B. Credit balance C. Cash balance D. Neither debit nor credit balance...

7. Debit balance = Credit balance in a trial balance indicates that:

   A. No error in recording transactions B. No error in posting entries to ledger accounts C. Account balances are correct D. Mathematically Capital+Liabilities=Assets...

8. Which of the following is the closing balance of a ledger account?

   A. Balance c/d B. Balance b/d C. Balance e/d D. Balance f/c...

9. Building account is classified as _________ account?

   A. Nominal B. Real C. Cash D. Capital...

10. The balance of which of the following accounts do not disappear, once they are debited/credited to Trading Account?

    A. Sales B. Purchases C. Inward returns D. Closing stock...