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VI. Indicate with an X whether the account has a debit or credit normal balance and whether the accounts are Permanent or Temporary (10 pts.)
VI. Indicate with an "X" whether the account has a debit or credit normal balance and whether the accounts are Permanent or Temporary (10 pts.) Account Debit Credid Permanent Temporary 1) Sales revenues 2) Rent expense 3) Common stock 4) Prepaid rent 5) Interest revenue 6) Unearned service fees 7) Salaries payable 8) Insurance expense 9) Dividends 10) Retained earnings
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