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For Each of the Accounts Listed Below,indicate Whether the Typical

Question 128

Essay

For each of the accounts listed below,indicate whether the typical or normal balance is a debit or credit.
A.Supplies
B.Notes payable
C.Retained earnings
D.Equipment
E.Prepaid insurance expense
F.Accounts receivable
G.Land
H.Additional paid-in capital
I.Accounts payable
J.Unearned revenue

Correct Answer:

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A.Debit.
B.Credit.
C.Credit.
D.Debit.
E....

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