Indicate the normal balance and category of each of the following accounts: a. Unearned Revenue b. Merchandise
Question:
a. Unearned Revenue
b. Merchandise Inventory (beginning of period)
c. Freight-In
d. Payroll Tax Expense
e. Purchases Discount
f. Sales Discount
g. FICA—Social Security Payable
h. Purchases Returns and Allowances
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