Solved: Income statement debit and balance sheet debit, Accounting Basics

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Income statement debit and balance sheet debit

Problem:

Which column would each of these account balance be placed in or extended to.

Columns offered: (1) income statement debit (2) balance sheet debit (3) income statement credit (4) balance sheet credit.

Accounts offered: (1) service revenue (2) unearned service revenue (3) land (4) rent expense (5) supplies expense (6)supplies (7) accumulated depreciation (8) equipment (9)owner's capital (10) owner's withdrawals.

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Accounting Basics: Income statement debit and balance sheet debit

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Accounting Basics: Income statement debit and balance sheet debit

Reference No:- TGS01937040

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