Question: For each account, identify whether the normal balance is a debit ( DR ) or credit ( CR ) . Question content area bottom Part

For each account, identify whether the normal balance is a debit(DR) or credit(CR).
Question content area bottom
Part 1
Part 2
a. Notes Payable
CR
b. Dividends
DR
c. Service Revenue
CR
d. Land
e. Unearned Revenue
f. Common Stock

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!