Question: General assignment instructions: 1) Prepare your assignment in Microsoft Excel. 2) Use only Arial 10 font. 3) Prepare Part A on one worksheet and Part

General assignment instructions: 1) Prepare your assignment in Microsoft Excel. 2) Use only Arial 10 font. 3) Prepare Part A on one worksheet and Part B on a second worksheet. Name the worksheet tabs Part A and Part B. 4) If you are not sure about a requirement or detail for the assignment, ask your professor for clarification! Failure to follow instructions may result in a loss of points. 5) Neatness, formatting, and presentation of your work will be considered in determining your final grade for the assignment. 6) This assignment is to be prepared and submitted by each individual student; group efforts are not permitted. Do not copy, share, or duplicate any part of the assignment. Violations of this direction may be submitted to the Academic Conduct Committee for review. Part A - Do You Know Your Accounts? Consider the following list of accounts for Juliet, LLC: 1) Dividends Payable 2) Utilities Expense 3) Interest Revenue 4) Inventory 5) Office Furniture 6) Accrued Interest Revenue 7) Unearned Interest Revenue 8) Common Stock 9) Additional Paid-In Capital 10) Patents and Trademarks For the accounts shown above, identify the following for each: Account type (i.e., asset, liability, owners' equity, revenue, expense, or dividends) Financial statement on which the account appears Whether the account is current, noncurrent, or neither (i.e., does not apply) Normal balance (i.e., debit or credit) Whether or not the account is closed at the end of an accounting period (i.e., Yes or No)

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