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Listed below are the ledger accounts appearing in the adjusted trial balance columns of a worksheet from Newwiee Company. On the space provided, indicate in
Listed below are the ledger accounts appearing in the adjusted trial balance columns of a worksheet from Newwiee Company. On the space provided, indicate in which column of the worksheet the amount in each account will be extended by entering the following letters: A. Income statement, debit; B. Income statement, credit; C. Balance sheet, debit; D. Balance sheet, credit.
Listed below are the ledger accounts appearing in the adjusted trial balance columns of a worksheet from Newwiee Company. On the space provided, indicate in which column of the worksheet the amount in each account will be extended by entering the following letters: A. Income statement, debit; B. Income statement, credit; C. Balance sheet, debit; D. Balance sheet, credit. 1. Cash 11. Accounts receivable 2. Buildings 12. Interest Expense 3. Salaries expense 13. Interest Revenues 4. Mortgage payable 14. Unearned revenues 5. Prepaid insurance 15. Office Supplies 6. Equipment 16. Withdrawals 7. Utilities expense 17. Interest payable 8. Land 18. Accum. Depreciation 9. Service revenues 19. Rent expense 10. Salaries payable 20. Accounts payableStep by Step Solution
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