Selected accounts for Moonbills Corporation appear below.
Required:
For each account,indicate the following:
Part a.In the first column at the right,indicate the nature of each account,using the following abbreviations: Asset - A,Liability - L,Stockholders' Equity - SE.
Part b.In the second column,indicate the normal balance by inserting dr (for debit)or cr (for credit).

Question

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The Answer of Selected accounts for Moonbills Corporation appear below.
Required:
For each account,indicate the following:
Part a.In the first column at the right,indicate the nature of each account,using the following abbreviations: Asset - A,Liability - L,Stockholders' Equity - SE.
Part b.In the second column,indicate the normal balance by inserting dr (for debit)or cr (for credit).

Selected Accounts for Moonbills Corporation Appear Below