a. | Factory | Debit |
b. | Fee earned | Credit |
c. | Haircutting revenue | Credit |
d. | Account payable | Credit |
e. | Land | Debit |
f. | Office supplies | Debit |
g. | Cash | Debit |
h. | Insurance expense | Debit |
i. | Buildings | Debit |
Identify the normal balance (debit or credit) for each of the following accounts. Normal Ending Balance...
Identify the normal balance (debit or credit) for each of the following accounts. Normal Ending Balance a. Factory b. Fees Earned (Revenues) c. Haircutting Revenue d. Accounts Payable e. Land f. Office Supplies g. Cash h. Insurance Expense i. Buildings
QS 2-4 Identifying normal balance LO C4 Identify the normal balance (debit or credit) for each of the following accounts. Normal Ending Balance a. Rent Expense Debit b. Legal Expense Debit c. Interest Payable Credit d. Factory Debit e. Fees Earned (Revenues) Credit f. Haircutting Revenue Credit 9. Accounts Payable Credit h. Land Debit 1. Office Supplies Debit
Identify the normal balance (debit or credit) for each of the following accounts. Normal Ending Balance Fees Eamed (Revenues) b. Office Supplies c Owner, Withdrawals d. Wages Expense e. Accounts Receivable E Prepaid Rent 9. Wages Payable h. Building Owner. Capital Debit Credit
Identify the normal balance (debit or credit) for each of the following accounts 2 Normal Ending Balance a Rental Revenue b Note Receivable 2 c Haircutting Revenue points d Common Stock ePrepaid Rent eBock fDividends Priet Salaries Payable h Accounts Payable References iPrepaid Insurance
Indicate whether a debit or credit decreases the normal balance of each of the following accounts Decrease Normal Balance Unearned Revenue b. Unearned Store Sales c. Accounts Payable d. Taxes Payable e. Common Stock f. Buildings 9. Consulting Revenue h. Factory Service Fees Earned Haircutting Revenue Service Revenue 1. Interest Revenue 1 < Prev 34 of 63 !!! Next >
Identify the normal balance (debit or credit) for each of the following accounts. Normal Ending Balance a. Dividends b. Prepaid Rent c. Common Stock d. Prepaid Service Fees e. Utilities Payable f. Prepaid Parking g. Taxes Payable h. Supplies i. Interest Payable
Identify the normal balance (debit or credit) for each of the following accounts. Show All Items Normal Ending Balance Warehouse b. Common Stock c. Land d. Dividends e. Repairs Expense f. Prepaid Insurance g. Wages Payable h. Unearned Ticket Revenue i. Trucks
Identify whether a debit or credit results in the indicated change for each of the following accounts. Identify whether a debit or credit results in the indicated change for each of the following accounts. Credit a. To increase Cash b. To decrease Supplies c. To increase Janitorial Expense d. To increase Haircutting Revenue e. To decrease Taxes Payable f. To decrease Office Supplies g. To increase Unearned Subscriptions h. To decrease Land i. To increase Common Stock j. To increase...
QS 2-4 Identifying normal balance LO C4 Identify the normal balance (debit or credit) for each of the following accounts. Normal Ending Balance a. Note Payable b. Prepaid Rent c. Prepaid Insurance d. Fuel Expense e. Furniture f. Rent Revenue g. Postage Expense h. Office Equipment i. Building
Indicate whether a debit or credit decreases the normal balance of each of the following accounts. Decrease Normal Balance Credit Debit a. Factory b. Fuel Expense C. Rent Expense d. Rent Payable e. Furniture f. Land g. Equipment h. Common Stock i. Interest Payable j. Delivery Expense k. Postage Expense 1. Buildings Debit Debit Debit