Question
Q5 For each account listed below, indicate whether it is a nominal account or a permanent account and identify the normal balance of the account
Q5
For each account listed below, indicate whether it is a nominal account or a permanent account and identify the normal balance of the account (debit or credit). Select your answer by clicking in the drop down box to the right of each account. Answer choices may be used once, more than once, or not at all. dividends trademark cost of goods sold unearned revenue C Choose ) [ Choose ] nominal account with a normal credit balance permanent account with a normal debit balance nominal account with a normal debit balance permanent account with a normal credit balanc C Choose ) C Choose )
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