Two Part Question Here:Question 1: Please tell me what type of account are the following and if they have a DR or CR balance and on what Financial Statement(s) do they appear on.Salary ExpenseService Fee RevenueSales ReturnsInterest ExpenseAccrued LiabilitiesQuestion 2: For the following T-Account calculate the missing amount. Assume the Beginning and Ending balances are on the normal side of the account, that is the side on which the balance increasesThis is a T-Account FormatSalary Expense2/1 Beginning Balance $80,000 2/10 Transaction B2/15 Transaction A $20,0002/28 Transaction C $6,000Ending Balance?

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What is the normal balance of accounts payable? Group of answer choices debit either debit or credit This is an ambiguous question credit

Identify the correct pair of formula from the following column I and II: (Choose the correct alternative) Column I Column II A Current Account Surplus i. Receipts Payments C Balance Current Account i. Receipts + Payments D Current Account Deficit iv. Receipts < Payments Alternatives: а) А -i b) В - ii c) C - ii d) D - iv

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T-accounts and determine the final balance in each account balance. (Note: Posting to the Cash account is not required.)     Prepaid Insurance choose a transaction date                                                                        enter a debit amount choose a transaction date                                                                        enter a credit amount choose the end date of the accounting period                                                                        enter a debit balance choose the end date of the accounting period                                                                        enter a credit balance Prepaid Rent choose a transaction date                                                                        enter a debit amount choose a transaction date                                                                        enter a credit amount choose the end date of the accounting period…