
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275 Exercise 6
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
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
Explanation
Income statement:
Income statement is a...
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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