QUIZ #1 - Acct Type & Balance
QUIZ #1 - Acct Type & Balance
ACCOUNT NAME
Depreciation Accounts Payable Deferred Revenue Interest Receivable Assigned Fund Balance Cash Amount to be Provided Interest Earnings Allowance for Depreciation City Court Fines Real Estate Taxes Capital Outlay Warrants Payable Inventories Net Assets Due to other Governments Accounts Receivable Debt Service Interest Judgments & Losses Prepaid Expense
TYPE OF ACCOUNT
NORMAL BALANCE
ACCOUNT NAME
TYPE OF ACCOUNT
Bonds Payable
Taxes Receivable
Gas Tax Apportionment
Deposits Payable
Animal Licenses
Supplies purchased
Sale of Capital Assets
Allow for Uncollectible Accounts
Amount estimated to be uncollectible deducted from account rec
County Option Tax
Federal Disaster Aid
Street & Road Maintenance
Due from other Funds
Machinery & Equipment
Fund Balance
Charge for Copying Services
Jury Services
Penalty/Interest on Taxes
Restricted for Revenue Bond
Advance to other funds
Types of Accounts:
Asset Liability Revenue Expenditure Equity Contra-asset
NORMAL BALANCE
Normal Balances:
Debit or Credit
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