Identify the normal balance for each of the following accounts by using a Dr. (debit) or a Cr. (credit).
________ 1. Salaries Expense
________ 2. R. Johns, Withdrawals
________ 3. R. Johns, Capital
________ 4. Accounting Fees
________ 5. Cash
________ 6. Accounts Receivable
________ 7. Accounts Payable
________ 8. Rent Expense
________ 9. Equipment
________ 10. Advertising Expense
Correct Answer:
Verified
2. Dr.
3. Cr....
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q118: Below is a chart of accounts.
Q119: Identify the normal balance for each of
Q120: Each part of a business transaction is
Q121: Which of the following is prepared first?
A)
Q122: A chart of accounts is below.
Q124: A list of all the accounts from
Q125: Given the following list of accounts
Q126: The trial balance is prepared from
A) the
Q127: The following transactions occurred during January
Q128: Which of the following is NOT a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents