Indicate whether a debit or credit is necessary to decrease the normal balance of each of the
Question:
a. Buildings
b. Interest Revenue
c. Bob Norton, Withdrawals
d. Bob Norton, Capital
e. Prepaid Insurance
f. Interest Payable
g. Accounts Receivable
h. Salaries Expense
i. Office Supplies
j. Repair Services Revenue
k. Interest Expense
1. Unearned Revenue
m. Salaries Payable
n. Furniture
o. Interest Receivable Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
a Credit b Debit c Credit d Debit e Cre...View the full answer
Answered By
Mary Boke
As an online tutor with over seven years of experience and a PhD in Education, I have had the opportunity to work with a wide range of students from diverse backgrounds. My experience in education has allowed me to develop a deep understanding of how students learn and the various approaches that can be used to facilitate their learning. I believe in creating a positive and inclusive learning environment that encourages students to ask questions and engage with the material. I work closely with my students to understand their individual learning styles, strengths, and challenges to tailor my approach accordingly. I also place a strong emphasis on building strong relationships with my students, which fosters trust and creates a supportive learning environment. Overall, my goal as an online tutor is to help students achieve their academic goals and develop a lifelong love of learning. I believe that education is a transformative experience that has the power to change lives, and I am committed to helping my students realize their full potential.
4+ Reviews
22+ Question Solved
Related Book For 
Fundamental Accounting Principles
ISBN: 978-0071051507
Volume I, 14th Canadian Edition
Authors: Larson Kermit, Tilly Jensen
Question Posted:
