Indicate whether each account below has a normal debit or credit balance. a. Automobiles b. Bonds Payable c. Cindy Castro, Capital d. Unexpired Rent e. Advertising Expense f.Sales g. Cindy Castro, Withdrawals

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter4: Operating Activities: Sales And Cash Receipts
Section: Chapter Questions
Problem 2.4C
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Problem 2
Indicate whether each account below has a normal debit or credit balance.
a. Automobiles
b. Bonds Payable
c. Cindy Castro, Capital
d. Unexpired Rent
e. Advertising Expense
f. Sales
g. Cindy Castro, Withdrawals
h. Advances from Customers
i. Land
j. Interest Payable
2
Transcribed Image Text:Problem 2 Indicate whether each account below has a normal debit or credit balance. a. Automobiles b. Bonds Payable c. Cindy Castro, Capital d. Unexpired Rent e. Advertising Expense f. Sales g. Cindy Castro, Withdrawals h. Advances from Customers i. Land j. Interest Payable 2
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