Principles of Financial Accounting, Chapters 1-17 - With Access (Looseleaf)
Principles of Financial Accounting, Chapters 1-17 - With Access (Looseleaf)
22nd Edition
ISBN: 9781259582394
Author: Wild
Publisher: MCG
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Chapter 2, Problem 5QS

Linking debit or credit with

normal balance

C4

Indicate whether a debit or credit decreases the normal balance of each of the following accounts.

a. Interest Payable

b. Service Revenue

c. Salaries Expense

d. Accounts Receivable

e. Owner, Capital

f. Prepaid Insurance

g. Buildings

h. Interest Revenue

i. Owner, Withdrawals

j. Unearned Revenue

k. Accounts Payable

l. Land

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Chapter 2 Solutions

Principles of Financial Accounting, Chapters 1-17 - With Access (Looseleaf)

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