For the following accounts indicate whether the normal balance is a debit or a credit. A. Unearned
Question:
For the following accounts indicate whether the normal balance is a debit or a credit.
A. Unearned Revenue
B. Interest Expense
C. Rent Expense
D. Rent Revenue
E. Accounts Payable
F. Cash
G. Supplies
H. Accounts Payable
I. Equipment
J. Utilities Expense
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A The normal balance is a debit because revenue is recognized as it is earned B The normal balance i...View the full answer
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Related Book For 
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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