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8. Check the correct column for each account in the table below. (Chap. 4) (13 @ 2 = 26 points) Temporary (Nominal) Permanent (Real) c.
8. Check the correct column for each account in the table below. (Chap. 4) (13 @ 2 = 26 points) Temporary (Nominal) Permanent (Real) c. o Decen SMT 1 2 3 8 9 10 15 16 17 22 23 24 29 30 31 f. bis Account Cash... Prepaid insurance ..... Unearned fees...... Accounts receivable Insurance expense ....... O. Ner, Capital.. O. Ner, Withdrawals ... Rent expense... Fees earned... Supplies.............. Supplies expense ................. Depreciation expense - Building.......... Accumulated depreciation - Building .. k. 1. m. TH , $1,300. upplies still on hand. E. Pace, Consulting Work Shoct For the year ended December 31 Account Adjusted Trial Adjustments Balance Debit Credit Debit Credit Income Statement Debit Credit Balance Sheet and Statement of Owner's Equity Debit Credit Unadjusted Trial Balance Debit Credit $14,000 1,000 11,000 $ 2,000 500 Cash...... Supplies.... Equipment ............... Accum. Depr.- Equip. Accounts payable..... Salaries payable E. Pace, Capital....... E. Pace, Withdrawals Fees earned.. Salary expense ......... Rent expense............ Supplies expense...... Depreciation expense Totals .................... 6,500 1,500 30,000 7,500 4,000 $39,000 $39,000
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