State whether the account should be debited or credited and the normal balance of the account for the items listed below

The Accounts Question: What does it mean when Drawings has a normal debit balance or a normal credit balance? Please explain/examples.

Reflect upon accounting  as debits and credits information system

Explain how accounts receivable are presented in the financial statements.

Identify the items from the following list that are likely to serve as source documents. Item a. Sales receipt b. Liability accounts c. Balance sheet d. Ledger e. Bank statement f. General journal g. Income statement h. Telephone bill i. Credit card receipt Is this a source document?

Date General Account Titles and Explanations Ref. Debit Credit

If a credit is issued to a customer, how will this affect the General Ledger Account?

How do I identify a transaction and whether it is debited or credited?

Which type of debit account is balanced in the income statement columns of a worksheet?

Provide an example of an account that would be listed under Current Liabilities on a balance sheet and briefly explain why it would be categorized this way.   How would we categorize the balance in a Notes Payable account: under Current Liabilities or Noncurrent Liabilities? Why?