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The Balances for the Accounts Listed Below Appear in the Adjusted

Question 76

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The balances for the accounts listed below appear in the Adjusted Trial balance columns of the end-of-period spreadsheet (work sheet). Select whether each balance should be extended to an Income Statement column or (b) a Balance Sheet column.

Premises:
Fees earned
Dobson, Capital
Depreciation Expense
Supplies Expense
Unearned Fees
Dobson, Drawing
Accumulated Depreciation
Supplies
Responses:
Balance Sheet column
Income Statement column

Correct Answer:

Fees earned
Dobson, Capital
Depreciation Expense
Supplies Expense
Unearned Fees
Dobson, Drawing
Accumulated Depreciation
Supplies
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