Normal balances of accounts OBJ. 1, 2 Identify each of the following accounts of Kaiser Services Co.
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Normal balances of accounts OBJ. 1, 2 Identify each of the following accounts of Kaiser Services Co. as asset, liability, stockholders’
equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit:
a. Accounts Payable
b. Accounts Receivable
c. Cash
d. Common Stock
e. Dividends
f. Fees Earned g. Office Equipment h. Rent Expense i. Supplies j. Wages Expense
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Related Book For
Financial And Managerial Accounting
ISBN: 9781305267831,9781305267848
13th Edition
Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac
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