Instructions 1. Column C. should be TYPE: ASSET, LIABILITY, EQUITY, REVENUE OR EXPENSES 2. COLUMN D...

Instructions 1. Column C. should be TYPE: ASSET, LIABILITY, EQUITY, REVENUE OR EXPENSES 2. COLUMN D OR E SHOULD HAVE A YES OR NO.

EXAMPLE CASH IS ON THE BALANCE SHEET. HINT: NONE OF THE ACCOUNTS WILL BE ON BOTH. 4. FILL IN DEBIT OR CREDIT- WHICH IS NORMAL BALANCE OF THE ACCOUNT. (INCREASE SIDE) 5. Fill in which type of account is it? Temporary or permanent.

account name	type asset, liability, equity, revenue or expense	will be on the income statement	will be on the balance sheet	normal balance is debit or credit	temporary or permanent
cash
capital stock
mortgage payable
interest receivable
supplies
account payable
short term investment
repair expense
unearned service revenue
equipment
depreciation expense
interest revenue
salaries expense
retained earniings
accumulated depreciation
utilities expense
salaries payable
account receivable
notes payable

Expert Solution

ekkarill92 answered 1 year ago

2/ impact in the equity of revenue and expenses

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