ACC 101 - Normal Balance complete verified solutions + rationales (PASS GUARANTEED)
Accounts Payable (A/P) - (ANSWER)Credit
Accounts Receivable (A/R) - (ANSWER)Debit
Accumulated Depreciation - (ANSWER)Credit
Buildings - (ANSWER)Debit
Cash - (ANSWER)Debit
Consulting Revenue - (ANSWER)Credit
Depreciation Expense - (ANSWER)Debit
Equipment - (ANSWER)Debit
Fees Earned - (ANSWER)Credit
Gas Expense - (ANSWER)Debit
Income taxes payable - (ANSWER)Credit
Interest payable - (ANSWER)Credit
Land - (ANSWER)Debit
Machinery - (ANSWER)Debit
Accounts Payable (A/P) - (ANSWER)Credit
Accounts Receivable (A/R) - (ANSWER)Debit
Accumulated Depreciation - (ANSWER)Credit
Buildings - (ANSWER)Debit
Cash - (ANSWER)Debit
Consulting Revenue - (ANSWER)Credit
Depreciation Expense - (ANSWER)Debit
Equipment - (ANSWER)Debit
Fees Earned - (ANSWER)Credit
Gas Expense - (ANSWER)Debit
Income taxes payable - (ANSWER)Credit
Interest payable - (ANSWER)Credit
Land - (ANSWER)Debit
Machinery - (ANSWER)Debit