Question 2, TIF4-2 (book/static)
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For each account listed, identify whether the account would appear in either the income statement section or the balance sheet section of the worksheet. Assuming normal balances, identify if the
account would be recorded in the debit (DR) or credit (CR) column.
Account
8. Service Revenue
9. Accounts Payable
10. Cash
11. Depreciation Expense-Building
12. Dividends
13. Accumulated Depreciation-Building
Section of worksheet
Debit (DR) or Credit (CR)
column?
