Identify the normal balance (debit or credit) for each of the following accounts. a. Equipment b. Wages
Question:
Identify the normal balance (debit or credit) for each of the following accounts.
a. Equipment
b. Wages Expense
c. Repair Services Revenue
d. Office Supplies
e. Owner Withdrawals
f. Accounts Receivable
g. Prepaid Insurance
h. Wages Payable
i. Owner Capital
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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