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For each account, select (1) the type of account and (2) whether the normal account balance is a debit or credit. For type of account,
For each account, select (1) the type of account and (2) whether the normal account balance is a debit or credit. For type of account, choose from asset, liability, stockholders' equity, dividend, revenue, or expense. |
1. Supplies: 2. Advertising Expense 3. Prepaid Insurance 4 Supplies Expense 5. Accounts Payable 6. Equipment 7. Dividends 8. Accounts Recievable 9. Retained Earnings 10. Unearned Revenue 11. Service Revenue 12. Utilities Payable
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