Business, 18.08.2020 02:01 famousshorty
Identify the normal balance (debit or credit) for each of the following accounts.
a. Fees earned (revenues)
b. Office supplies
c. Owner withdrawals
d. Wages expense
e. Account receivable
f. Prepaid rent
g. Wages payable
h. Building
i. Owner Capital
Answers: 2
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phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)
Answers: 3
Identify the normal balance (debit or credit) for each of the following accounts.
a. Fees earned (r...
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