1. What type of account is Accumulated depreciation? Yourchoices are asset, contra asset, liability, stockholder's equity,contra stockholder's equity, revenue, or expense.

2. What is the normal balance of accumulated depreciation?Your choices are Debit or Credit.

3. Which financial statement does accumulated depreciationappear on? Your choices are Income Statement, Statement of RetainedEarnings, or Balance Sheet.

What type of account is Cash? Your choices are asset, contraasset, liability, stockholder's equity, contra stockholder'sequity, revenue, or expense.

2. What is the normal balance of Cash? Your choices areDebit or Credit.

3. Which financial statement does Cash appear on? Yourchoices are Income Statement, Statement of Retained Earnings, orBalance Sheet.

What type of account is Fees Earned? Your choices areasset, contra asset, liability, stockholder's equity, contrastockholder's equity, revenue, or expense.

2. What is the normal balance of Fees Earned? Yourchoices are Debit or Credit.

3. Which financial statement does Fees Earned appearon? Your choices are Income Statement, Statement of RetainedEarnings, or Balance Sheet.

What type of account is Bonds Payable? Your choices are asset,contra asset, liability, stockholder's equity, contra stockholder'sequity, revenue, or expense.

2. What is the normal balance of bonds payable? Yourchoices are Debit or Credit.

3. Which financial statement does bonds Payableappear on? Your choices are Income Statement, Statement of RetainedEarnings, or Balance Sheet.

1. What type of account is Cost of Goods Sold? Yourchoices are asset, contra asset, liability, stockholder's equity,contra stockholder's equity, revenue, or expense.

2. What is the normal balance of cost of goods sold? Yourchoices are Debit or Credit.

3. Which financial statement does cost of goods soldappear on? Your choices are Income Statement, Statement of RetainedEarnings, or Balance Sheet.

1. What type of account is Retained Earnings? Your choicesare asset, contra asset, liability, stockholder's equity, contrastockholder's equity, revenue, or expense.

2. What is the normal balance of Retained Earnings? Yourchoices are Debit or Credit.

3. Which financial statement does Retained Earnings appearon? Your choices are Income Statement, Statement of RetainedEarnings, or Balance Sheet.

What type of account is Depreciation Expense? Your choicesare asset, contra asset, liability, stockholder's equity, contrastockholder's equity, revenue, or expense.

2. What is the normal balance of Depreciation Expense?Your choices are Debit or Credit.

3. Which financial statement does Depreciation Expenseappear on? Your choices are Income Statement, Statement of RetainedEarnings, or Balance Sheet.

1. What type of account is Insurance Expense? Your choicesare asset, contra asset, liability, stockholder's equity, contrastockholder's equity, revenue, or expense.

2. What is the normal balance of Insurance Expense? Yourchoices are Debit or Credit.

3. Which financial statement does Insurance Expense appearon? Your choices are Income Statement, Statement of RetainedEarnings, or Balance Sheet.