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 1 Cash 2 Capital Stock 3 Mortgage Payable 4 Interest Receivable 5 Supplies 6 Account Payable 7 Short Term Investments 8 Repair Expense 9 Unearned Service Revenue 10 Equipment 11 Depreciation Expense 12 Interest Revenue 13 Salaries Expense 14 Retained Earnings 15 Accumulated Depreciation 16 Utilites Expense 17 Salaries Payable 18 Account Receivable 19 Notes Payable 20 Service Revenue

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Instructions 1

Accounting Nov 16, 2020

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
1	Cash
2	Capital Stock
3	Mortgage Payable
4	Interest Receivable
5	Supplies
6	Account Payable
7	Short Term Investments
8	Repair Expense
9	Unearned Service Revenue
10	Equipment
11	Depreciation Expense
12	Interest Revenue
13	Salaries Expense
14	Retained Earnings
15	Accumulated Depreciation
16	Utilites Expense
17	Salaries Payable
18	Account Receivable
19	Notes Payable
20	Service Revenue

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