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the course name is introductory accounting 1 Exercise 4-1 Extending adjusted account balances on a work sheet LO1 These accounts are from the Adjusted Trial

the course name is introductory accounting 1

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Exercise 4-1 Extending adjusted account balances on a work sheet LO1 These accounts are from the Adjusted Trial Balance columns in a company's 10-column work sheet. In the blank space beside each points account, select the letter of the appropriate financial statement column to which a normal account balance should be extended. a. Debit column for the income statement. b. Credit column for the income statement. c. Debit column for the balance sheet and statement of changes in equity. eBook d. Credit column for the balance sheet and statement of changes in equity. L References Roberta Jefferson, withdrawals N Interest income Accumulated depreciation, machinery Service revenue LO Accounts receivable Rent expense Depreciation expense, machinery Accounts payable Cash 2 Office supplies F Roberta Jefferson, capital Wages payable 3. Machinery . Insurance expense Interest expense 4 16. Interest receivable

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