Instructions 1. Column C. should be TYPE: ASSET, LIABILITY,EQUITY, REVENUE OR EXPENSES 2. COLUMN...

60.1K

Verified Solution

Question

Accounting

Instructions 1. Column C. should be TYPE: ASSET, LIABILITY,EQUITY, REVENUE OR EXPENSES 2. COLUMN D OR E SHOULD HAVE A YES ORNO.
EXAMPLE CASH IS ON THE BALANCE SHEET. HINT: NONE OF THE ACCOUNTSWILL BE ON BOTH. 4. FILL IN DEBIT OR CREDIT- WHICH IS NORMALBALANCE OF THE ACCOUNT. (INCREASE SIDE) 5. Fill in which type ofaccount is it? Temporary or permanent.
account name
type
asset,
liability,
equity,
revenue or expense
will be on the income statement will be on the balance sheet normal balance is debit or credit temporary or permanent
cash
capital stock
mortgage payable
interest receivable
supplies
account payable
short term investment
repair expense
unearned service revenue
equipment
depreciation expense
interest revenue
salaries expense
retained earniings
accumulated depreciation
utilities expense
salaries payable
account receivable
notes payable

Answer & Explanation Solved by verified expert

3.7 Ratings (584 Votes)

See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Transcribed Image Text

In: AccountingInstructions 1. Column C. should be TYPE: ASSET, LIABILITY,EQUITY, REVENUE OR EXPENSES 2. COLUMN D...Instructions 1. Column C. should be TYPE: ASSET, LIABILITY,EQUITY, REVENUE OR EXPENSES 2. COLUMN D OR E SHOULD HAVE A YES ORNO.EXAMPLE CASH IS ON THE BALANCE SHEET. HINT: NONE OF THE ACCOUNTSWILL BE ON BOTH. 4. FILL IN DEBIT OR CREDIT- WHICH IS NORMALBALANCE OF THE ACCOUNT. (INCREASE SIDE) 5. Fill in which type ofaccount is it? Temporary or permanent.account nametypeasset,liability,equity,revenue or expensewill be on the income statementwill be on the balance sheetnormal balance is debit or credittemporary or permanentcashcapital stockmortgage payableinterest receivablesuppliesaccount payableshort term investmentrepair expenseunearned service revenueequipmentdepreciation expenseinterest revenuesalaries expenseretained earniingsaccumulated depreciationutilities expensesalaries payableaccount receivablenotes payable

account name	type asset, liability, equity, revenue or expense	will be on the income statement	will be on the balance sheet	normal balance is debit or credit	temporary or permanent
cash
capital stock
mortgage payable
interest receivable
supplies
account payable
short term investment
repair expense
unearned service revenue
equipment
depreciation expense
interest revenue
salaries expense
retained earniings
accumulated depreciation
utilities expense
salaries payable
account receivable
notes payable