Question
5 Complete the table below stating for each account, the account class which it belongs to, its normal account balance and the financial statement
5 Complete the table below stating for each account, the account class which it belongs to, its normal account balance and the financial statement where its found (IS-income statement, BS- Balance Sheet, EQ= Statement of owner equity, some items can be found on multiple statements). Account Cash Account Class 10 Normal Balance (Dr or CR) 20 Fin Stmt (IS, BS, EQ) accounts payable Draw Sales unearned income Truck Prepaid rent Capital Accounts receivable
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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