Essay
Indicate whether each account below has a normal debit or a normal credit balance.
a. Automobiles
b. Accounts Payable
h. Unearned Revenue
c. Owner's Capital
i. Land
d. Prepaid Rent
j. Interest Payable
e. Advertising Expense
f. Service Revenue
g. Owner's Withdrawals
h. Unearned Revenue
i. Land
j. Interest Payable
k. Notes Receivable
Correct Answer:

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a. Debit
g. Debit
b. Credit
h....View Answer
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Correct Answer:
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g. Debit
b. Credit
h....
View Answer
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