Homework Answers
Supplies is an ASSET . The normal balance ks Dr balance. When the supplies are purchased,Asset is debited . Later when its used, its treated as expense and asset is credited.
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9:09 115GE 1 Х HWweek1: Attempt 1 Question 4 2 Points Identify the following accounts of...
9:09 115GE 1 Х HWweek1: Attempt 1 Question 3 2 Points Identify the following accounts of...
9:09 115GE 1 Х HWweek1: Attempt 1 Question 3 2 Points Identify the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit. Wages Expense A Asset B Liability Owner's Equity 0 Revenue Expense Debit Credit Question 4 2 Points Save and Close Submit Last saved 9:05:50 PM
9:087 115GE 1 Х HWweek1: Attempt 1 Question 11 2 Points Identify the following accounts of...
9:087 115GE 1 Х HWweek1: Attempt 1 Question 11 2 Points Identify the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit Barbara Mallary, Drawing A Asset B Liability Owner's Equity D Revenue Expense Debit Credit Question 12 2 Points Save and Close Submit Last saved 9:05:50 PM
9:087 115GE 1 Х HWweek1: Attempt 1 Question 11 2 Points Identify the following accounts of...
9:087 115GE 1 Х HWweek1: Attempt 1 Question 11 2 Points Identify the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit Barbara Mallary, Drawing A Asset B Liability Owner's Equity D Revenue Expense Debit Credit Question 12 2 Points Save and Close Submit Last saved 9:05:50 PM
9:09 115GE 1 HWweek1: Attempt 1 Exercise Content Question 1 2 Points Identify the following accounts...
9:09 115GE 1 HWweek1: Attempt 1 Exercise Content Question 1 2 Points Identify the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit Accounts Receivable A Asset B Liability Owner's Equity D Revenue © Expense Debit Credit Question 2 1 Point Save and Close Submit Last saved 9:05:50 PM
9:08 .5GE Х HWweek1: Attempt 1 CTCOIL Question 9 2 points Identify the following accounts of...
9:08 .5GE Х HWweek1: Attempt 1 CTCOIL Question 9 2 points Identify the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit Accounts Payable A Asset B Liability Owner's Equity D Revenue 6 Expense Debit Credit Question 10 2 Points Save and Close Submit Last saved 9:05:50 PM
Question 13 2 Points Identify the following accounts of Advanced Services Co. as asset, liability, owner's...
Question 13 2 Points Identify the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit. Fees Earned A Asset B) Liability C Owner's Equity D Revenue E Expense F Debit G Credit
Question 13 2 Points Identify the following accounts of Advanced Services Co. as asset, liability, owner's...
Question 13 2 Points Identify the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit. Fees Earned A Asset B) Liability C Owner's Equity D Revenue E Expense F Debit G Credit
Identify the following accounts of Advanced Services Co. as asset, liability, owner’s equity, revenue, or expense,...
Identify the following accounts of Advanced Services Co. as asset, liability, owner’s equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit. Wages Expense a) Assets b) liability c) Owner's equity d) Revenue e) Expense f) debit g) Credit
--/10 Question 6 View Policies Current Attempt in Progress Below are some items found in the...
--/10 Question 6 View Policies Current Attempt in Progress Below are some items found in the financial statements of Petra Zizler. Orthodontist. Indicate (a) whether each of the above items is an asset, liability, or part of owner's equity: and (b) which financial statement-income statement statement of owner's equity, or balance sheet-it would be reported on. The first one has been done for you as an example (a) (b) 1 Accounts payable Liability Balance Sheet 2. Accounts receivable abili 3...
Instructions Chart of Accounts Journal Instructions Х After the accounts have been adjusted at December 31,...
Instructions Chart of Accounts Journal Instructions Х After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co.: Kerry Buckner, Capital $3,513,000 Kerry Buckner, Drawing 42,500 Fees Earned 1,324,000 Wages Expense 749,100 Rent Expense 68,800 Supplies Expense 14,600 Miscellaneous Expense 7,350 Required: Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles....
9:09 115GE 1 Х HWweek1: Attempt 1 Question 3 2 Points Identify the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit. Wages Expense A Asset B Liability Owner's Equity 0 Revenue Expense Debit Credit Question 4 2 Points Save and Close Submit Last saved 9:05:50 PM
9:087 115GE 1 Х HWweek1: Attempt 1 Question 11 2 Points Identify the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit Barbara Mallary, Drawing A Asset B Liability Owner's Equity D Revenue Expense Debit Credit Question 12 2 Points Save and Close Submit Last saved 9:05:50 PM
9:087 115GE 1 Х HWweek1: Attempt 1 Question 11 2 Points Identify the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit Barbara Mallary, Drawing A Asset B Liability Owner's Equity D Revenue Expense Debit Credit Question 12 2 Points Save and Close Submit Last saved 9:05:50 PM
9:09 115GE 1 HWweek1: Attempt 1 Exercise Content Question 1 2 Points Identify the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit Accounts Receivable A Asset B Liability Owner's Equity D Revenue © Expense Debit Credit Question 2 1 Point Save and Close Submit Last saved 9:05:50 PM
9:08 .5GE Х HWweek1: Attempt 1 CTCOIL Question 9 2 points Identify the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit Accounts Payable A Asset B Liability Owner's Equity D Revenue 6 Expense Debit Credit Question 10 2 Points Save and Close Submit Last saved 9:05:50 PM
Question 13 2 Points Identify the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit. Fees Earned A Asset B) Liability C Owner's Equity D Revenue E Expense F Debit G Credit
Question 13 2 Points Identify the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit. Fees Earned A Asset B) Liability C Owner's Equity D Revenue E Expense F Debit G Credit
--/10 Question 6 View Policies Current Attempt in Progress Below are some items found in the financial statements of Petra Zizler. Orthodontist. Indicate (a) whether each of the above items is an asset, liability, or part of owner's equity: and (b) which financial statement-income statement statement of owner's equity, or balance sheet-it would be reported on. The first one has been done for you as an example (a) (b) 1 Accounts payable Liability Balance Sheet 2. Accounts receivable abili 3...
Instructions Chart of Accounts Journal Instructions Х After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co.: Kerry Buckner, Capital $3,513,000 Kerry Buckner, Drawing 42,500 Fees Earned 1,324,000 Wages Expense 749,100 Rent Expense 68,800 Supplies Expense 14,600 Miscellaneous Expense 7,350 Required: Journalize the two entries required to close the accounts. Refer to the Chart of Accounts for exact wording of account titles....
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