State whether the normal balance is a debit or a credit.Accounts receivable is a(n) ___ account and has a normal ___ balance. a. liability; debit. b. asset; debit. c. liability; credit. d. asset; credit.What type of account ...
The account type and normal balance of Prepaid Expense would be: a. asset, debit b. liability, credit c. expense, debit d. revenue, credit An account has a debit balance is the result in the adjusted trial balance a debit or credit?
2.Which of the following types of accounts have a normal credit balance?a.assets and liabilitiesb.liabilities and expensesc.revenues and liabilitiesd.capital and drawing3.The asset created by a business when it makes a sale on account is termeda.accounts payableb.prepaid expensec.unearned ...
Sales Returns and Allowances Credit, contra revenue, income statement Goodwill Debit, long term asset, balance sheet Prepaids Debit, current asset, balance sheet Short-term investments Debit, current asset, balance sheet 最好的學習方式。免費註冊。
abalance Deposit Miscellaneous 平衡储蓄混杂[translate] a他们都在公司 They all in company[translate] a永远不会忘记你 Never can forget you[translate] aoral administration in which the most common adverse effect is an unpleasant taste. 最共同性不利影响是令人不快的口味的口服。[translate] ...
The normal balance of the Delivery Expense account is a debit balance. Explanation: Account Nature Normal balance Delivery Expense Delivery expense...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer your tough...
The account type and normal balance of Prepaid Expense would be: a. asset, debit b. liability, credit c. expense, debit d. revenue, credit Is the Rent Expense account classified as an asset, a liability, an owner's equity...
Prepaid Rent is a(n) ___ account and has a normal ___ balance. A. asset; credit B. liability; debit C. asset; debit D. liability; credit Fill in the blanks: Accounts receivable is a/an ___ (asset/liability/equit...
Identify whether the normal balance is a debit (DR) or credit (CR). Interest Revenue: ___ Accounts Payable: ___ Common Stock: ___ Office Supplies: ___ Advertising Expense: ___ Unearned Revenue: ___ Pr...
The normal balance of a particular account tells users how to increase or decrease an accounts balance but no matter what accounts are selected the total debits and credits must be the same. If they are not, then an error has occurred and this will be seen when the ...