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Category > Business & Finance Posted 13 Jul 2017 My Price 8.00

The following are selected accounts of Laura Gibson Company on December 31:

The following are selected accounts of Laura Gibson Company on December 31:

 

Permanent (P) or Temporary (T)

Normal Balance (Dr.) or (Cr.)

Cash

_________

_________

Accounts Receivable

_________

_________

Equipment

_________

_________

Accounts Payable

_________

_________

Common Stock

_________

_________

Sales

_________

_________

Purchases

_________

_________

Rent Expense

_________

_________

Utility Expense

_________

_________

Selling Expense

_________

_________

Required In the space provided:

1. Indicate if the account is a permanent (P) or temporary (T) account.

2. Indicate the normal balance in terms of debit (Dr.) or credit (Cr.)

Answers

Homework Helper
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Status NEW Posted 13 Jul 2017 04:07 PM My Price 8.00

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