Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 2 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 11 Jul 2017 My Price 11.00

Normal Account Balances

Normal Account Balances

For each account listed in E 3-26, indicate whether it would normally have a debit (DR) balance or a credit (CR) balance.

E 3-26

Classification of Accounts

For each of the accounts listed, indicate whether it is an asset (A), a liability (L), or an owners’ equity (OE) account. If it is an account that affects owners’ equity, indicate whether it is a revenue (R) or expense (E) account

1. Cash

2. Sales

3. Accounts Receivable

4. Cost of Goods Sold

5. Insurance Expense

6. Capital Stock

7. Mortgage Payable

8. Salaries and Wages Expense

9. Retained Earnings

10. Salaries Payable

11. Accounts Payable

12. Interest Revenue

13. Inventory

14. Interest Receivable

15. Notes Payable

16. Equipment

17. Office Supplies

18. Utilities Expense

19. Interest Payable

20. Rent Expense

Answers

(5)
Status NEW Posted 11 Jul 2017 09:07 PM My Price 11.00

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