What is the normal balance for each of the following accounts? (a) Accounts Receivable. (b) Cash. (c)

Question:

What is the normal balance for each of the following accounts?
(a) Accounts Receivable.
(b) Cash.
(c) Owner’s Drawing.
(d) Accounts Payable.
(e) Service Revenue.
(f) Salaries Expense.
(g) Owner’s Capital.


Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

Question Posted: