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For Each of the Accounts in the Following Table (1) \quad

Question 231

Short Answer

For each of the accounts in the following table (1) identify the type of account as an asset, liability, equity, revenue, or expense, and (2) identify the normal balance of the account.
\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad Account Type \quad\quad Normal Balance
a. Wages Expense
b. Accounts Receivable
c. Commissions Earned
d. Salaries Payable
e. Common Stock
f. Unearned Advertising Revenue
g. Salaries Expense
h. Subscription Revenue
i. Dividends
j. Prepaid Insurance

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