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Indicate following for each item: by letter whether each item below would appear on the balance sheet as assets (A), liabilities (L), or stockholders equity
- Indicate following for each item:
- by letter whether each item below would appear on the balance sheet as assets (A), liabilities (L), or stockholders equity (SE). (0.2point each, 2pts total)
- indicate whether it has debit or credit normal balance. (0.2 point each, 2pts total)
A/L/SE Dr./Cr.
________ a. Common Stock
________ b. Building
________ c. Accounts Payable
________ d. Accounts Receivable
________ e. Notes Payable
________ f. Office Supplies
________ g. Cash
________ h. (Ending Balance of) Retained Earnings
________ i. Prepaid Rent
________ j. Unearned Revenue
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