For each of the following, identify in Column 1 the category to which the account belongs, in Column 2 the normal balance for the account, in Column 3 the financial statement in which the account balance is reported, and in Column 4 the account's nature (permanent/temporary).
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Correct Answer:
Verified
Q102: Describe how the transactions listed would
Q103: Given the following accounts:
-Borrowed $4,000, signing a
Q103: Given the following accounts:
[1]Cash in bank
[2]Petty cash
[3]Supplies
[4]Equipment
[5]Notes
Q104: The entry to record payment of a
Q108: Received an invoice in the amount of
Q108: On October 1,Oak Company purchased $12,000 of
Q113: Prepared voucher #424 in the amount of
Q118: The Discount Lost account is used when
Q119: Prepared and recorded voucher #422 for the
Q120: Given the following accounts:
-Paid voucher #419 which
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