Directions: Complete the table below. The first item has been done 101 List of Accounts Decreased by Classification Normal Increased by Balance (Debit (Debit (Debit/ Credit) Credit) (Asset, Liabilities, Owner's Equity Credit) Revenue, Expense) Cash Asset Debit Debit Credit
Directions: Complete the table below. The first item has been done 101 List of Accounts Decreased by Classification Normal Increased by Balance (Debit (Debit (Debit/ Credit) Credit) (Asset, Liabilities, Owner's Equity Credit) Revenue, Expense) Cash Asset Debit Debit Credit
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.4C
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Question
![Name:
Learning Task #1
Directions: Complete the table below. The first item has been done for you.
Decreased by
List of Accounts
Normal
Increased by
Classification
(Debit
Credit)
Balance
(Debit/
(Asset, Liabilities,
Owner's Equity
(Debit/ Credit) Credit)
Revenue,
Expense)
Debit
Credit
Cash
Asset
Debit
11 Accounts Payable
12 Notes Payable
13 Salaries Payable
14 Utilities Payable
15 Liam,Capital
16 Liam.Withdrawal
17 Sales
18 Interest Income
19 Cost of Sales
20 Purchases
and](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3a933094-ef88-408d-b59f-cf6ce154666e%2F0f4d2de6-dc41-4423-a951-983543bc6cef%2Fspl007j_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Name:
Learning Task #1
Directions: Complete the table below. The first item has been done for you.
Decreased by
List of Accounts
Normal
Increased by
Classification
(Debit
Credit)
Balance
(Debit/
(Asset, Liabilities,
Owner's Equity
(Debit/ Credit) Credit)
Revenue,
Expense)
Debit
Credit
Cash
Asset
Debit
11 Accounts Payable
12 Notes Payable
13 Salaries Payable
14 Utilities Payable
15 Liam,Capital
16 Liam.Withdrawal
17 Sales
18 Interest Income
19 Cost of Sales
20 Purchases
and
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