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Normal Balance? JW

Identify the normal balance of these accounts...

QuestionAnswer
Any Asset account Debit
Any Liability account Credit
Owner's Capital Credit
Owner's Drawing Debit
Revenue accounts Credit
Any Expense account Debit
Cash Debit
Supplies Debit
JoAnn Wilson, Drawing Debit
JoAnn Wilson, Capital Credit
Sales Credit
Rent Expense Debit
Prepaid Insurance Debit
Accounts Payable-Pearl Johnson Supply Credit
Accounts Receivable-Jenny Hughson Debit
Accounts Payable-Niki Fredrickson Credit
Accounts Receivable-Cory Horejs Debit
Equipment Debit
Created by: joannw15
Popular Accounting sets

 

 



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