Indicate the normal balance of each of the following accounts:
a) Unearned Rent Revenue
b) Merchandise Inventory
c) Cost of Goods Sold
d) Sales Discount
e) Unearned Revenue

Question

Quizplus · Accepted Answer

The Answer of Indicate the normal balance of each of the following accounts:
a) Unearned Rent Revenue
b) Merchandise Inventory
c) Cost of Goods Sold
d) Sales Discount
e) Unearned Revenue

Indicate the Normal Balance of Each of the Following Accounts