Identify the normal balance (debit [Dr] or credit [Cr]) for each of the following accounts. 1. Prepaid
Question:
Identify the normal balance (debit [Dr] or credit [Cr]) for each of the following accounts.
1. Prepaid Rent
2. Common Stock
3. Note Receivable
4. Accounts Payable
5. Accounts Receivable
6. Equipment
7. Interest Payable
8. Unearned Revenue
9. Land
10. Prepaid Insurance
11. Dividends
12. Utilities Expense
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