Chapter 2, Problem 3EA

The following ledger accounts are for Afocentric Service Company:

1. a. Supplies
2. b. Utilities Expense
3. c. Accounts Receivable
4. d. D. Minimus, Capital
5. e. Land
6. f. Prepaid Rent
7. g. Accounts Payable
8. h. Investments in Securities
9. i. Service Revenue
10. j. Supplies Expense
11. k. Prepaid Insurance
12. l. Wages Expense
13. m. Fees Earned
14. n. D. Minimus, Withdrawals
15. o. Wages Payable
16. p. Unearned Revenue
17. q. Office Equipment
18. r. Rent Payable
19. s. Notes Receivable
20. t. Interest Expense
21. u. Notes Payable
22. v. Cash
23. w. Interest Receivable
24. x. Rent Expense

Complete the following table, using X’s to indicate each account’s classification and normal balance (whether a debit or a credit increases the account).