Question

For each of the following accounts, indicate whether it normally possesses a debit or a credit balance (use dr. or cr.):
1. Sales
2. Supplies Expense
3. Accounts Receivable
4. Accounts Payable
5. Supplies Inventory
6. Retained Earnings
7. Dividends Payable
8. Depreciation Expense
9. Paid-in Capital
10. Subscription Revenue
11. Equipment
12. Accumulated Depreciation
13. Cost of Goods Sold
14. Prepaid Rent



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  • CreatedFebruary 20, 2015
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