Indicate whether each account below has a normal debit or credit balance. a. Automobiles b. Bonds Payable c. Cindy Castro, Capital d. Unexpired Rent e. Advertising Expense f.Sales g. Cindy Castro, Withdrawals

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Problem 2
Indicate whether each account below has a normal debit or credit balance.
a. Automobiles
b. Bonds Payable
c. Cindy Castro, Capital
d. Unexpired Rent
e. Advertising Expense
f. Sales
g. Cindy Castro, Withdrawals
h. Advances from Customers
i. Land
j. Interest Payable
2
Transcribed Image Text:Problem 2 Indicate whether each account below has a normal debit or credit balance. a. Automobiles b. Bonds Payable c. Cindy Castro, Capital d. Unexpired Rent e. Advertising Expense f. Sales g. Cindy Castro, Withdrawals h. Advances from Customers i. Land j. Interest Payable 2
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