Question: For each account listed below, indicate whether it is a nominal account or a permanent account and identify the normal balance of the account
For each account listed below, indicate whether it is a nominal account or a permanent account and identify the normal balance of the account (debit or credit). Select your answer by clicking in the drop down box to the right of each account. gain on sale of land [Choose ] retained earnings [Choose ] cost of goods sold [Choose] Done [Choose ] permanent account with a normal credit ba.. permanentia acourt, with a paral dah.. nominal account with a normal debit.h.. nominal account with a normal credit balan..
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