Essay
Identify the normal balance for each of the following accounts by placing a Dr. (debit) or a Cr. (credit) in the space provided.
________ 1. Truck
________ 2. B. James, Withdrawals
________ 3. B. James, Capital
________ 4. Accounting Fees Earned
________ 5. Cash
________ 6. Accounts Receivable
________ 7. Accounts Payable
________ 8. Rent Expense
________ 9. Office Equipment
________ 10. Supplies
Correct Answer:
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1. Dr.
2. Dr.
3. Cr....View Answer
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Correct Answer:
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2. Dr.
3. Cr....
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