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Using the Following List of Accounts and Identification Letters a Through

Question 168

Essay

Using the following list of accounts and identification letters A through J for Homer's Management Co., enter the type of account and its normal balance into the table below. The first item is filled in as an example:
 A. Homer, Capital  F. Prepaid Rent  B. Interest Payable  G. Advertising Expense  C. Land  H. Unearned Rent Revenue  D. Homer, Withdrawals  I. Commissions Earned  E. Fees Earned  J. Notes Receivable \begin{array}{ll}\text { A. Homer, Capital } & \text { F. Prepaid Rent } \\\text { B. Interest Payable } & \text { G. Advertising Expense } \\\text { C. Land } & \text { H. Unearned Rent Revenue } \\\text { D. Homer, Withdrawals } & \text { I. Commissions Earned } \\\text { E. Fees Earned } & \text { J. Notes Receivable }\end{array}
 Type of Account  Normal Bal ance  Astst  Liability  Equity  Debit  Credit  A  X  X  B  C  D  E  F  G  H  I  J \begin{array} { l | c | c | c | c | c } &{ \text { Type of Account } } &&& { \text { Normal Bal ance } } \\\hline & \text { Astst } & \text { Liability } & \text { Equity } & \text { Debit } & \text { Credit } \\\hline \text { A } & & & \text { X } & & \text { X } \\\hline \text { B } & & & & & \\\hline \text { C } & & & & & \\\hline \text { D } & & & & & \\\hline \text { E } & & & & & \\\hline \text { F } & & & & & \\\hline \text { G } & & & & & \\\hline \text { H } & & & & & \\\hline \text { I } & & & & & \\\hline \text { J } & & & & & \\\hline\end{array}

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