Question
Show which columns would contain the adjusted balances by placing an x in the appropriate column. Assume all accounts have normal balances. Income Statement DebitCredit
Show which columns would contain the adjusted balances by placing an "x" in the appropriate column. Assume all accounts have normal balances.
Income Statement
DebitCredit
Balance Sheet
DebitCredit
Cash (example)_________________x__________ Accounts Receivable____________________________ Office Supplies____________________________ Prepaid Rent____________________________ Word Processing Equipment____________________________ Accounts Payable____________________________ M. Bryant, Capital____________________________ M. Bryant, Withdrawals____________________________ Word Processing Fees____________________________ Office Salaries Expense____________________________ Advertising Expense____________________________ Accumulated Amortization____________________________ Rent Expense____________________________
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