Matching debit and credit terminology with account titles Required Indicate whether each of the following accounts normally
Question:
Required
Indicate whether each of the following accounts normally has a debit balance or a credit balance:
a. Salaries Payable
b. Cash
c. Prepaid Insurance
d. Common Stock
e. Interest Revenue
f. Rent Expense
g. Salaries Expense
h. Consulting Revenue
i. Unearned Revenue
j. Accounts Payable
k. Dividends
l. Land
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Account Normal Balance a Salaries Payable Credit b Cash Debi...View the full answer
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Related Book For
Fundamental financial accounting concepts
ISBN: 978-0078025365
8th edition
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
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