Essay
Indicate the normal balance of each of the following accounts:
a. Sales Returns and Allowances
b. Merchandise Inventory
c. Cost of Goods Sold
d. Payroll Tax Expense
e. Unearned Rent
f. Sales Discount
g. Canada Pension Plan Payable
h. Unearned Revenue
Correct Answer:
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a. Debit
b. Debit
c....View Answer
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Correct Answer:
Verified
b. Debit
c....
View Answer
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