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  3. 1. a list of accounts and their balances at a give

1. A list of accounts and their balances at a given time is called a...

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Accounting

1. A list of accounts and their balances at a given time is called a what? This is a Trial Balance.

2. A sale of inventory on account is recorded into what 4 accounts? (Perpetual inventory): give the account names and whether it is a dr or a cr. Example: Pink trees dr, green trees cr.

3. Give the adjusting entry for bad debts: give the account names and whether it is a dr or a cr.

4. Give the adjusting entry for depreciation: give the account names and whether it is a dr or a cr.

5. Allowance for doubtful accounts is what type of an account?

6. Debit, in accounting, means what?

7. Give the 5 types of accounts

8. Give the one (1) closing entry for net income only. Do not show the closing entries for revenues expenses or drawing/dividends: give the account names and whether it is a dr or a cr.

9. Inventory is considered what type of an account?

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