The following are the account titles used by ABM Co.: ABM, Capital ABM, Drawing Loan Payable Mortgage Payable 16 Accrued Interest Payable Accrued Utilities Payable Accounts Receivable Notes Receivable Prepaid Rent Rent Expense Salaries Expense Accounts Payable Cash Service Revenue Interest Expense Interest Income Insurance Expense Unused Supplies Used Supplies Prepaid Insurance Required: Prepare the chart of accounts using two digits number.
The following are the account titles used by ABM Co.: ABM, Capital ABM, Drawing Loan Payable Mortgage Payable 16 Accrued Interest Payable Accrued Utilities Payable Accounts Receivable Notes Receivable Prepaid Rent Rent Expense Salaries Expense Accounts Payable Cash Service Revenue Interest Expense Interest Income Insurance Expense Unused Supplies Used Supplies Prepaid Insurance Required: Prepare the chart of accounts using two digits number.
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 6EB: For the following accounts indicate whether the normal balance is a debit or a credit. A. Unearned...
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