Debit Effect Credit Effect Normal Balance

For each of the following accounts, indicate the effect of a debit or a credit on the account and the normal balance.

Debit Effect Credit Effect Normal Balance

(a) Accounts Payable

(b) Advertising Expense

(c) Service Revenue

(d) Accounts Receivable

(e) Retained Earnings

(f) Dividends

Place Your Order Here!

Leave a Comment

Your email address will not be published. Required fields are marked *