3. Identify the type of account, its normal balance and on which financial statement each of the following accounts would appear: Solution Account Asset, Liability or Equity Debit or Credit Financial Statement Income Statement, Statement of retained Normal Balance Earnings, or Balance Sheet Accounts Receivable Common Stock Notes Payable Sales Revenue Office Supplies Unearned Revenue Inventory 8. 6. Equipment Dividends 10 Accounts Payable 1234 uno
3. Identify the type of account, its normal balance and on which financial statement each of the following accounts would appear: Solution Account Asset, Liability or Equity Debit or Credit Financial Statement Income Statement, Statement of retained Normal Balance Earnings, or Balance Sheet Accounts Receivable Common Stock Notes Payable Sales Revenue Office Supplies Unearned Revenue Inventory 8. 6. Equipment Dividends 10 Accounts Payable 1234 uno
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 13GI
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