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Accounting Account Review Account Review For the following accounts, indicate the type of account, the normal balance of the account, if debits or credits increase
Accounting Account Review
Account Review For the following accounts, indicate the type of account, the normal balance of the account, if debits or credits increase the account, and which financial statement you will find each account Types of accounts - A-asset, L-liability, OE=owner's equity, R-revenue, E-expense NORMAL BALANCE (DR. OR CR.) DEBIT OR CREDIT INCREASES FINANCIAL STATEMENT TYPE ACCOUNT NAME Accounts Payable Accounts Receivable Accrued Liabilities Advertising Expense Building Contributed Capital Cash Furniture Interest Expense Interest Payable Interest Revenue Land Notes Payable Notes Receivable Prepaid Insurance Prepaid Rent Rent Expense Rent Revenue Retained Earnings Salary Expense Salary Payable Service Revenue Supplies Utilities ExpenseStep by Step Solution
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