Question
Fill in the blank in the tables Account Name Account type Normal balance? (Debit or Credit ?) Temporary account or permanent account? Does it get
Fill in the blank in the tables
| Account Name | Account type
| Normal balance? (Debit or Credit ?) | Temporary account or permanent account? | Does it get closed? | Which financial statement is it reported? |
| Cash | Current Asset | Debit | Permanent | No | Balance Sheet |
| Accounts payable | Current Liability | Credit | Permanent | Yes | Balance Sheet |
| Allowance for Uncollectible Accounts |
|
|
|
|
|
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The Social Function Of AccountsReforming Accountancy To Serve Mankind
Authors: John Flower
1st Edition
1138645249, 9781138645240
