Business
Accounting
Below is a list of common accounts. Required: Indicate whether

Below is a list of common accounts. Required: Indicate whether the normal balance of each account is a debit or

Question:

Below is a list of common accounts.

Required:
Indicate whether the normal balance of each account is a debit or acredit.

Transcribed Image Text:

Accounts Cash Service Revenue Salaries Expense Accounts Payable Equipment Retained Earnings Utilities Expense Accounts Receivable Dividends Common Stock Debit or Credit 10

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Debit or Credit Account 1 Debit Cash 2 Credit Serv…View the full answer

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