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nancial 1 - Word To Search erences Mailings Review View Help 26-35) Identify the normal balance for each of the following accounts by placing a

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nancial 1 - Word To Search erences Mailings Review View Help 26-35) Identify the normal balance for each of the following accounts by placing a Dr. (debit) or a Cr. (credit) in the space provided. 1. Computer 2. M. Bryant, Withdrawals 3. M. Bryant, Capital 4. Legal Fees 5. Cash 6. Accounts Receivable 7. Accounts Payable 8. Rent Expense 9. Office Equipment 10. Supplies 36) How are explanations distinguished in the journal? A) They are underlined. B) They are in bold print. C) They are written below the credit entries. D) They are written along the margin, beside the debit and credit entries. 37) The journal entry debiting Cash and crediting Capital would be a result of a(n) A) withdrawal. B) expense. C) investment. D) revenue. 38) If you debit Prepaid Insurance, you most likely will A) credit Fees Earned. B) debit Cash C) credit Insurance Expense. D) credit Cash I RE

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