Classification: Classify the normal balance of each account. Write “Dr” for normal debit balance and “Cr” for normal credit balance. Write your answer on a clean sheet of paper. 1. Sales Discount 2. Freight-out 3. Purchases 4. Allowance for doubtful Accounts 5. Accounts Payable 6. Unearned Sales Revenue 7. Salaries Expense 8. Accrued Utilities Expense 9. Store Supplies Used 10. Store Furniture and Fixtures

Classification: Classify the normal balance of each account. Write “Dr” for normal debit balance and “Cr” for normal credit balance. Write your answer on a clean sheet of paper. 1. Sales Discount 2. Freight-out 3. Purchases 4. Allowance for doubtful Accounts 5. Accounts Payable 6. Unearned Sales Revenue 7. Salaries Expense 8. Accrued Utilities Expense 9. Store Supplies Used 10. Store Furniture and Fixtures

Name: Classification: Classify the normal balance of each account. Write “Dr
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Description: Classification: Classify the normal balance of each account. Write “Dr” for normaldebit balance and “Cr” for normal credit balance. Write your answer on a clean sheetof paper.1. Sales Discount2. Freight-out3. Purchases4. Allowance for doubtful Accoun

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter9: Sales And Purchases

Section: Chapter Questions

Problem 2DQ: For each of the following accounts, identify whether the normal balance is a debit or a credit. Also...

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