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book Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta cover

Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Edition 22ISBN: 978-0077862275
book Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta cover

Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Edition 22ISBN: 978-0077862275
Exercise 48
In preparing a work sheet, indicate the financial statement Debit column to which a normal balance in the following accounts should be extended. Use IS for the Income Statement Debit column and BS for the Balance Sheet and Statement of Owner's Equity Debit column.
__________a. Equipment
__________b. Owner, Withdrawals
__________c. Prepaid Rent
__________d. Depreciation Expense-Equipment
__________e. Accounts Receivable
__________f. Insurance Expense
Explanation
Verified
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Balance sheet summarises the assets, lia...

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Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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