F7:133题这里,为什么current liability的debit balance是表示underprovision呢?current liability属于负债类账户,其debit balance应该表示负的债务,也就是overprovision才对啊? 网校学员音之续**在学习ACCA特许公认会计师F段+OBU本科学位班【签约班】时提出了此问题,已有2人帮助了TA。 网校助教 melaniet6fqa 同学你好,...
【Debit】 is also a term in accounting for any item shown on the left side of an account; it usually designates a purchase and its price and is opposed to credit, or any entry on the right side (that is, for an article returned or an amount paid on account). 【Arrear】 especially ...
Accounts Receivable has a debit balance of $5,000, and the Allowance for Is allowance for doubtful accounts a debit or credit balance? Does a current liability account get smaller when you debit it? An account has $350 on the debit side and $925 on the credit side. What is the account...
B.increase in liabilities and increase in owner’s equity are recorded with a credit C.increase in both assets and withdrawals are recorded with a debit D.decreases in liabilities and increase in expenses are recorded with a debit come on学赛,更多试题与答案分享 7.Note payable has a normal b...
8 A limited liability company’s trial balance does not balance. The totals are:Debit $384,030Credit $398,580A suspense account is opened for the difference.Which of the following pairs of errors could clear the balance on the suspense account when corrected? 相关知识点: 试题来源: 解析...
Answer to: Accounts receivable is a(n) ___ account and has a normal ___ balance. a. liability; debit. b. asset; debit. c. liability; credit...
百度试题 题目account, which is the debit balance account, is a contra–liability account.相关知识点: 试题来源: 解析 Discount on bonds payable 反馈 收藏
Notes Payable or Loans Payable Accrued Liabilities or Accrued Expenses Unearned Revenues or Customers’ Deposits Deferred Income Taxes The balances in liability accounts are nearly always credit balances and will be reported on the balance sheet as either current liabilities or noncurrent (or long-term...
and the business estimates a $2 million loss if the firm loses the case. Because the liability is both probable and easy to estimate, the firm posts an accounting entry on the balance sheet to debit (increase) legal expenses for $2 million and to credit (increase) accrued expense for $2...