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Normal Balances of Accounts Identify each of the following accounts of Kaiser Services Co. as asset, liability, stockholders equity, revenue, or expense, and state in
Normal Balances of Accounts
Identify each of the following accounts of Kaiser Services Co. as asset, liability, stockholders equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit.
Item | Type of Account | Debit or Credit |
a. Accounts Payable | ||
b. Accounts Receivable | ||
c. Cash | ||
d. Common Stock | ||
e. Dividends | ||
f. Fees Earned | ||
g. Office Equipment | ||
h. Rent Expense | ||
i. Supplies | ||
j. Wages Expense |
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