For each of the following accounts indicate (a) The effect of a debit or a credit on
Question:
For each of the following accounts indicate
(a) The effect of a debit or a credit on the account and
(b) The normal balance.
1. Rooms Revenue
2. Rent Expense
3. Salary Payable
4. Capital
5. Food Revenue
6. Cash
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a Debit Effect a Credit Effect b Normal Balance 1 2 3 4 ...View the full answer
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Related Book For
Hospitality Financial Accounting
ISBN: 978-0470083604
2nd Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L.
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