Indicate whether the normal balance of each of the following accounts is a debit or a credit:
Question:
a. Equipment
b. Land
c. Al Tait, Withdrawals
d. Rent Expense
e. Interest Revenue
f. Prepaid Rent
g. Accounts Receivable
h. Office Supplies
i. Notes Receivable
j. Notes Payable
k. Al Tait, Capital
1. Rent Earned
m. Rent Payable
n. Interest Expense
o. Interest Payable
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0071051507
Volume I, 14th Canadian Edition
Authors: Larson Kermit, Tilly Jensen
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