Question: QUESTION 6 LO 3.3) Prob.2.a Indicate whether each account below has a normal debit or credit balance. Account Accounts payable............ Accounts receivable........ Accumulated depreciation-building........

QUESTION 6 LO 3.3) Prob.2.a Indicate whether each account below has a

QUESTION 6 LO 3.3) Prob.2.a Indicate whether each account below has a normal "debit" or "credit" balance. Account Accounts payable............ Accounts receivable........ Accumulated depreciation-building........ Accumulated depreciation-furniture and fixtures.. Building............ Cash............. Common stock.... Depreciation expense-building..... Depreciation expense-furniture and fixtures.. Dividends........ Furniture and fixtures......... Income tax expense.. Income tax payable.. Miscellaneous expense.. Retained earnings....... Salaries expense... Salaries payable... Service revenue.. Supplies expense.. Supplies............ Unearned service revenue.. Balance ($) 380 370 130 40 250 198 100 0 0 65 100 0 0 13 193 172 0 286 0 6 45 > > > < < < >

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!