For the following, mark a D if the following account normally has a debit balance and mark a C if the following account normally has a credit balance. _____1. Notes Payable _____2. Mortgage Payable _____3. Drawing _____4. Accounts Receivable _____5. Capital _____6. Rent Revenue _____7. Unearned Income _____8. Utility Expense _____9. Automobiles
Added by Nchimunya H.
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Notes Payable: This is a liability account and normally has a credit balance. So, C. Show more…
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