Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 07 May 2018 My Price 9.00

column headings

Three of the major column headings on a work sheet are Trial Balance, Income

 

Statement, and Balance Sheet. Determine under which major column headings each of the following items would appear and whether it would be a debit or credit. (For example, Cash would appear on the debit side of the Trial Balance and Balance Sheet columns.)

 

 

Account Titles

Trial Balance Debit

Credit

Income
Statement
Debit

Credit

Statement of
Retained
Earnings Debit

Credit

Balance
Sheet
Debit

Credit

a.

Accounts Receivable

                

b.

Accounts Payable

                

c.

Interest Revenue

                

d.

Advertising Expense

                

e.

Capital Stock

                

f.

Retained Earnings (Beg.)

                

g.

Net income for the month

                

h.

Retained Earnings (End)

        

Answers

Maurice Tutor
(5)
Status NEW Posted 07 May 2018 04:05 PM My Price 9.00

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