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I. 14 points A. Treasury Stock is considered (a, an) asset, liability, SH equity, revenue, expense. B. It should have a debit credit balance? (Circle

I. 14 points

A. Treasury Stock is considered (a, an) asset, liability, SH equity, revenue, expense.

B. It should have a debit credit balance? (Circle the correct answers).

C. Common Stock is considered (a, an) asset, liability, SH equity, revenue, expense.

D. It should have a debit credit balance? (Circle the correct answers).

E. Premium on Bonds Payable is considered (a, an) asset, liability, SH equity, revenue, expense.

D. It should have a debit credit balance? (Circle the correct answers).

F. Retained Earnings is considered (a, an) asset, liability, SH equity, revenue, expense.

G. It should have a debit credit balance? (Circle the correct answers).

H. WIP Inventory is considered (a, an) asset, liability, SH equity, revenue, expense.

I. It should have a debit credit balance? (Circle the correct answers).

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