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Several Accounts from the Financial Statements of Hotlanta Promotions,Inc

Question 145

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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:
 Type of Accoint  Norinal Balanice A= Asset Dr=DebitL= Liability Cr= Credit SE= Stockholders Equity R= Reverme E= Expense \begin{array}{ll}\underline {\text { Type of Accoint }}& \underline {\text { Norinal Balanice }} \\\mathrm{A}=\text { Asset } & \mathrm{Dr}=\mathrm{Debit}\\\mathrm{L}=\text { Liability } & \mathrm{Cr}=\text { Credit } \\\mathrm{SE}=\text { Stockholders Equity } \\\mathrm{R}=\text { Reverme } \\\mathrm{E}=\text { Expense } \\\end{array}  Type of  Normal Account  Bahnice  A)  Prepaid Rent  B)  Television Equipment  C)  Unearned Revenue  D)  Service Revenue  E)  Common Stock  F)  Accounts Payable  F)  Income Tax Expense  H)  Interest Income  I)  Salary Expense  J)  Notes Payable \begin{array}{|l|l|l|l|}\hline && \text { Type of } & \text { Normal } \\\hline && \text {Account } & \text { Bahnice } \\\hline \text { A) } & \text { Prepaid Rent } \\\hline \text { B) } & \text { Television Equipment } \\\hline \text { C) } & \text { Unearned Revenue } \\\hline \text { D) } & \text { Service Revenue } \\\hline \text { E) } & \text { Common Stock } \\\hline \text { F) } & \text { Accounts Payable } \\\hline \text { F) } & \text { Income Tax Expense } \\\hline \text { H) } & \text { Interest Income } \\\hline \text { I) } & \text { Salary Expense } \\\hline \text { J) } & \text { Notes Payable } \\\hline\end{array}

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