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Indicate Whether Each Account Below Has a Normal Debit or a Normal

Question 170

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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....

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