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-/8 = Question 1 of 5 Current Attempt in Progress For each the following accounts, indicate (a) if the account is an asset. liability, or owner's equity account; and (b) whether the account would have a normal debitor credit balance (a) (b) Account Type of Account Normal Balance 1 Accounts Receivable 2 Rent Expense Asset Liability Owner's Equity 3 B. Damiji, Drawings 4 Supplies 5 Unearned Revenue 6 Service Revenue 7 Prepaid Insurance Notis Payable Attempts of 1 used Sabun MacBook Air Question 2 of 5 Current Attempt in Progress For each of the following accounts, indicate (a) the normal balance, (b) the effect of a debit on the account, and (c) on the account: (a) (b) (c) Normal Balance Debit Effect Credit Effect 1. Accounts Payable Debit Credit 2. Supplies 3. J. Takamoto, Capital > J. Takamoto, Drawings 5 Prepaid Rent 6. Utilities Expense 7 Service Revenue B Unearned Revenue Attempts:0 of 1 used Sub MacBook Air ent Attempt in Progress reach of the following accounts, indicate (a) the normal balance, (b) the effect of a debit on the account, and (c) h the account: (a) (b) (c) Normal Balance Debit Effect Credit Effect 1. Accounts Payable Increase Decrease > 2. Supplies 3 J. Takamoto, Capital 4 J. Takamoto, Drawings 5. Prepaid Rent 6. Utilitites Expense 7. Service Revenue B. Unearned Revenue Sve for Later Attempts: 0 of 1 used -/17 5 Question 3 of 5 Kobayashi Company has the following accounts. (a) Complete the table. Identify (1) the type of account as asset, liability or owner's equity (for owner's equity accounts, also identify if it is a capital, drawings, revenue, or expense account) (2) what financial statement it is presented on; and (3) the normal balance of the account. The first one has been done for you as an example. 1 Type of Account 2. Financial Statement 3. Normal Balance Accounts Debit Balance Sheet Cash Asset M. Kobayashi. Capital C Accounts Payable C Owners Capital Asset Liability Revenue Expense Drawings Bulldog Insurance Expense Interest Revenue M. Kobayashi. Drawings Notes Receivable Prepaid insurance Question 3 of 5 Debit Balance Sheet Cash Asset M. Kobayashi, Capital Accounts Payable Building Insurance Expense Interest Revenue M. Kobayashi, Drawings Notes Receivable Prepaid Insurance Rent Experte Balance Sheet Income Statement Statement of Owner's Equity Balance Sheet and Statement of Owner's Equity Balance Sheet and income Statement Statement of Owner's Equity and income Statement Service Revenue Supplies -/17 E Question 3 of 5 Debit Balance Sheet Cash Asset M. Kobayashi, Capital Accounts Payable >> Building Insurance Expense Interest Revenue > M. Kobayashi, Drawings Notes Receivable Prepaid Insurance Rent Expense Debit Credit Service Reven polles Attempts: 0 of I used -/18 E Question 4 of 5 View Policies Current Attempt in Progress Journalize the following transactions of M. Acosta, interior designer, in her first month of business. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Record Journal entries in the order presented in the problem. List all debit entries before credit entries) Jan 3 9 2 Invested 511.000 cash in business, Purchased a used car for $3,000 cash for use in the business. Purchased supplies on account for 5700 11 Billed customers $2.400 for services performed. Paid 5350 cash for advertising 20 Received $800 cash from customers billed on January 11 20 Withdrew 51.300 cash for personal use by owner 16 Date Account Titles and Explanation Debit Credit 2 20 Jan 2 MacBook Air - / 18 MIT Question 4 of 5 View Policies Current Attempt in Progress Journalize the following transactions of M. Acosta, interior designer, in her first month of business. (Credit account titles are automatically indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Jan 2 3 9 11 Invested $11,000 cash in business Purchased a used car for $3,000 cash for use in the business. Purchased supplies on account for $700. Billed customers $2,400 for services performed Pald $350 cash for advertising. Received $800 cash from customers billed on January 11. Withdrew $1,300 cash for personal use by owner 16 20 28 Date planation Debit Credit Accounts Payable Accounts Receivable Advertising Expense Cash M. Acosta, Capital M Acosta, Drawings No Entry Service Revenue Supplies Vehics Question 5 of 5