Indicate the normal balance of each of the following accounts:
a. Sales Returns and Allowances
b. Merchandise Inventory
c. Cost of Goods Sold
d. Payroll Tax Expense
e. Unearned Rent
f. Sales Discount
g. Canada Pension Plan Payable
h. Unearned Revenue

Question

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The Answer of Indicate the normal balance of each of the following accounts:
a. Sales Returns and Allowances
b. Merchandise Inventory
c. Cost of Goods Sold
d. Payroll Tax Expense
e. Unearned Rent
f. Sales Discount
g. Canada Pension Plan Payable
h. Unearned Revenue

Indicate the Normal Balance of Each of the Following Accounts