For each account listed, identify whether the account would appear in either the income statement section or
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Question:
For each account listed, identify whether the account would appear in either the income statement section or the balance sheet section of the worksheet. Assuming normal balances, identify if the account would be recorded in the debit (DR) or credit (CR) column.
8 service revenue
9 accounts payable
10 cash
11 depreciation expense _______building
12 sandy, withdrawals
13 accumulated depreciation ________ Building
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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