Indicate whether each of the accounts listed below normally will have a debit or a credit balance.Record your answer to the left of each account by entering either Dr or Cr. 1. Short-term irvestrnents Cr 6
2. Bad debt experse Dr 2
3. Sales reveruue Dr 7
4. Sales discourts Cr 5
5. Unearned reverue Dr 4
6. Allowance for doubtful accourts Dr 8
7. Sales retuns ard allowarces Cr 3
8. Notes receivable Dr 1
Correct Answer:
Verified
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