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QUESTION 10 Which of the following accounts normally have a credit balance? Unearned revenue; Prepaid rent, Sales revenue; Loss from sale of equipment Sales revenue; Expenses; Retained eamings; Common stock. Accounts payable; Retained earnings: Sales revenue; Unearned revenue. Sales revenue; Cash; Uneamed revenue; Prepaid rent. QUESTION 11 Tomlinson Packaging Corporation began business in 2014 by issuing 20,000 shares of S6 par common stock for $8 per share and 5,000 shares of 6%, $10 par preferred stock for par At year end, the common stock had a market value of $10 On its December 31, 2014 balance sheet, Tomlinson Packaging would report Common Stock of $120,000 Paid-in Capital of $200,000 Common Stock of $200,000 Common Stock of $160,000