For each of the following, identify in Column 1 the category to which the account belongs, in Column 2 the normal balance for the account, in Column 3 the financial statement in which the account balance is reported, and in Column 4 the account's nature (permanent/temporary).
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Correct Answer:
Verified
Q104: If an account is not paid on
Q108: Given the following accounts:
-Paid voucher #425.
Debit _
Q116: The entry to record payment of a
Q117: Given the following accounts:
[1]Cash in bank
[2]Petty cash
[3]Supplies
[4]Equipment
[5]Notes
Q119: On June 2,Sandoval Corporation purchased $7,000 of
Q120: Given the following accounts:
[1]Cash in bank
[2]Petty cash
[3]Supplies
[4]Equipment
[5]Notes
Q123: For each of the following, identify
Q124: For each of the following, identify
Q125: For each of the following, identify
Q126: For each of the following, identify
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