$($ NOTICE

Most features are disabled because your Office product is inactive. To use for free, sign in and use the Web version.

Activate

Use free at Microsoft $$

Exercise $2-1$ Classifying accounts LO$2,3$

A

B

C

$D$

E

F

G

$(5)$The effect of a credit $($increase or decrease$).$

$\backslash$table$[[,(1)$ Basic Account,$\backslash$table$[[(2)$ Financial$],[$Statement$]],(3)$ Normal Balance,$(4)$ Effect of a Debit,$(5)$ Effect of a Credit$],[$a$.$ Cash,Asset,Balance Sheet,Debit,Increase,Decrease$],[$b$.$ Supplies,,,,,$],[$c$.$ Accounts Payable,,,,,$],[$d$.$ Yoojin Chang,,,,,,$],[$Capital Account,,,,,$],[$e$.$ Yoojin Chang,,,,,,$],[$Withdrawals$,,,,,],[$f$.$ Design Revenue,,,,,$],[$g$.$ Salaries Expense,,,,,$],[$h$.$ Accounts,,,,,$],[$Receivable$,,,,,],[$i$.$ Notes Payable,,,,,$],[$j$.$ Prepaid insurance,,,,,$]]$

E$2-1$

E$2-2$

E$2-3$

E$2-4$

E$2-9$

E$2-9$ T Accounts

E$2-9$ GL

E$2-9$ Journal Entries

E$2-9$ Trial Balanc

Ready