Question: In preparing a work sheet indicate the financial statement debit

In preparing a work sheet, indicate the financial statement Debit column to which a normal balance in the following accounts should be extended. Use I for the Income Statement Debit column and B for the Balance Sheet Debit column.
______ a. Depreciation expense—Equipment
______ b. Accounts receivable
______ c. Insurance expense
______ d. Equipment
______ e. Dividends
______ f. Prepaid rent

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  • CreatedMarch 18, 2015
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