Several accounts from the financial statements of Hotlanta Promotions,Inc.are listed below.In the two columns provided for answers,indicate the type of account and the normal account balance.Use the following identification codes for your answers:
$$\begin{array} { l c }
\text { Type of Account } & \text { Normal Balance } \
\mathrm { A } = \text { Asset } & \mathrm { Dr } = \mathrm { Debit } \
\mathrm { L } = \text { Liability } & \mathrm { Cr } = \text { Credit } \
\mathrm { SE } = \text { Shareholders Equity } & \
\mathrm { R } = \text { Revenue } & \
\mathrm { E } = \text { Expense } &
\end{array}$$

Question

Several accounts from the financial statements of Hotlanta Promotions,Inc.are listed below.In the two columns provided for answers,indicate the type of account and the normal account balance.Use the following identification codes for your answers:
 $$\begin{array} { l c } 
\text { Type of Account } & \text { Normal Balance } \
\mathrm { A } = \text { Asset } & \mathrm { Dr } = \mathrm { Debit } \
\mathrm { L } = \text { Liability } & \mathrm { Cr } = \text { Credit } \
\mathrm { SE } = \text { Shareholders Equity } & \
\mathrm { R } = \text { Revenue } & \
\mathrm { E } = \text { Expense } &
\end{array}$$

Quizplus · Accepted Answer

The Answer of Several accounts from the financial statements of Hotlanta Promotions,Inc.are listed below.In the two columns provided for answers,indicate the type of account and the normal account balance.Use the following identification codes for your answers:
 $$\begin{array} { l c } 
\text { Type of Account } & \text { Normal Balance } \
\mathrm { A } = \text { Asset } & \mathrm { Dr } = \mathrm { Debit } \
\mathrm { L } = \text { Liability } & \mathrm { Cr } = \text { Credit } \
\mathrm { SE } = \text { Shareholders Equity } & \
\mathrm { R } = \text { Revenue } & \
\mathrm { E } = \text { Expense } &
\end{array}$$

Several Accounts from the Financial Statements of Hotlanta Promotions,Inc