Selected accounts from the ledger of Garrison Company appear below. For each account, indicate the following:
a) In the first column at the right, indicate the nature of each account, using the following abbreviations:
Asset - A Revenue - R
Liability - L Expense - E
None of the above - N
b) In the second column, indicate the increase side of each account by inserting Dr. or Cr.

Question

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The Answer of Selected accounts from the ledger of Garrison Company appear below. For each account, indicate the following:
a) In the first column at the right, indicate the nature of each account, using the following abbreviations:
Asset - A Revenue - R
Liability - L Expense - E
None of the above - N
b) In the second column, indicate the increase side of each account by inserting Dr. or Cr.

Selected Accounts from the Ledger of Garrison Company Appear Below