Ans:
Normal Ending Balance | Debit or Credit | |
a. | Warehouse | Debit |
b. | Common Stock | Credit |
c. | Land | Debit |
d. | Dividends | Credit |
e. | Repairs Expense | Credit |
f. | Prepaid Insurance | Debit |
g. | Wages payable | Credit |
h. | Unearned Ticket Revenue | Credit |
I. | Trucks | Debit |
Note:
Assumed Dividends as Dividends payable and Repair Expense as payable.
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