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  3. 10. for the following accounts indicate whether th

10. For the following accounts indicate whether the normal balance is a debit or a...

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Accounting

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10. For the following accounts indicate whether the normal balance is a debit or a credit. A. Unearned Revenue B. Rent Expense C. Cash D. Rent Revenue E. Accounts Payable 11. Consider the following accounts and determine if the account is an asset (A), a liability (L), or equity (E). A. Accounts Receivable B. Sales Revenue C. Land D. Unearned Revenue 12. Which of the following are temporary accounts (T), and which are permanent accounts (P) a. Revenues - b. Assets - c. Liabilities - d. Expenses - e. Owner, Withdrawals - f. Income Summary - g. Owner, Capital - 13. Number the following from 1 to 4, the order in which to prepare financial statements: a. Prepare statement of owner's equity b. Prepare income statement c. Prepare statement of cash flows d. Prepare balance sheet

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