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1. Indicate the status of each of the listed ledger accounts. Account Temporary (T) or Permanent(P) Normal Balance Dr. or Cr. Income statement (I) or
1. Indicate the status of each of the listed ledger accounts.
| Account | Temporary (T) or Permanent(P) | Normal Balance Dr. or Cr. | Income statement (I) or Balance sheet (BS) | Closed with a Debit(Dr) or Credit(Cr) |
| Ex. Purchases allowance | T | Cr. | I | Dr. |
| Accumulated depreciation |
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| Dividend received from inv. |
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| Advertising expense |
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| Unearned revenue |
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| Office Supplies |
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| Freight/transport in |
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| Accounts receivable |
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| Common stock |
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| Salaries payable |
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| Sales discount |
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