For the following accounts please indicate whether the normal balance is a debit or a credit. A. Sales B. Dividends C. Office Supplies D. Retained Earnings E. Accounts Receivable F. Prepaid Rent G. Prepaid Insurance H. Wages Payable

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 8EA: For the following accounts please indicate whether the normal balance is a debit or a credit. A....
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For the following accounts please indicate whether the normal balance is a debit or a credit.
A. Sales
B. Dividends
C. ffice Supplies
D. Retained Earnings
E. Accounts Receivable
F. Prepaid Rent
G. Prepaid Insurance
H. Wages Payable
1. Building
J. Wages Expense
Transcribed Image Text:For the following accounts please indicate whether the normal balance is a debit or a credit. A. Sales B. Dividends C. ffice Supplies D. Retained Earnings E. Accounts Receivable F. Prepaid Rent G. Prepaid Insurance H. Wages Payable 1. Building J. Wages Expense
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