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ISLAMIC ACCOUNTING For each of the following accounts, indicate which has a normal debit balance and which has a normal credit balance. _____ 1. Retained

ISLAMIC ACCOUNTING

For each of the following accounts, indicate which has a normal debit balance and which has a normal credit balance.

_____ 1. Retained earnings

_____ 2. Machinery

_____ 3. Depreciation

_____ 4. Dividends

_____ 5. Revenue

_____ 6. Common stock

_____ 7. Unearned revenue

_____ 8. Accumulated depreciation

_____ 9. Accounts payable

_____ 10. Prepaid rent

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