Instructions 1 Column C should be TYPE ASSET, LIABILITY, EQUITY, REVENUE OR EXPENSES 2 COLUMN D OR E SHOULD HAVE A YES OR NO EXAMPLE CASH IS ON THE BALANCE SHEET HINT NONE OF THE ACCOUNTS WILL BE ON BOTH 4 FILL IN DEBIT OR CREDIT WHICH IS NORMAL BALANCE OF THE ACCOUNT (INCREASE SIDE) 5 Fill in which type of account is it Temporary or permanent account name type asset, liability, equity, revenue or expense will be on the income statement will be on the balance sheet normal balance is debit or credit temporary or permanent cash capital stock mortgage payable interest receivable supplies account payable short term investment repair expense unearned service revenue equipment depreciation expense interest revenue salaries expense retained earniings accumulated depreciation utilities expense salaries payable account receivable notes payable

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Question: Instructions 1. Column C. should be TYPE: ASSET, LIABILITY, EQUITY, REVENUE OR EXPENSES 2. COLUMN D OR E SHOULD HAVE A YES OR NO. EXAMPLE

Instructions 1. Column C. should be TYPE: ASSET, LIABILITY, EQUITY, REVENUE OR EXPENSES 2. COLUMN D OR E SHOULD HAVE A YES OR NO.

EXAMPLE CASH IS ON THE BALANCE SHEET. HINT: NONE OF THE ACCOUNTS WILL BE ON BOTH. 4. FILL IN DEBIT OR CREDIT- WHICH IS NORMAL BALANCE OF THE ACCOUNT. (INCREASE SIDE) 5. Fill in which type of account is it? Temporary or permanent.

account name	type asset, liability, equity, revenue or expense	will be on the income statement	will be on the balance sheet	normal balance is debit or credit	temporary or permanent
cash
capital stock
mortgage payable
interest receivable
supplies
account payable
short term investment
repair expense
unearned service revenue
equipment
depreciation expense
interest revenue
salaries expense
retained earniings
accumulated depreciation
utilities expense
salaries payable
account receivable
notes payable

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