Please choose the option from the iisting below. Using the chart below, identify
ID: 2399555 • Letter: P
Question
Please choose the option from the iisting below.
Using the chart below, identify whether the general ledger accounts should have a debit or credit balance in the normal course of business.
Salary Expense Answer 1Choose...DebitCredit Maintenance Expense Answer 2Choose...DebitCredit Bank Loan Answer 3Choose...DebitCredit Accounts Receivable Answer 4Choose...DebitCredit Depreciation Expense Answer 5Choose...DebitCredit Legal Fees Expense Answer 6Choose...DebitCredit Accounts Payable Answer 7Choose...DebitCredit Property, Plant & Equipment Answer 8Choose...DebitCredit Unearned Revenue Answer 9Choose...DebitCredit Service Revenue Answer 10Choose...DebitCreditExplanation / Answer
Particulars Balance Salary Expense Debit Maintenance Expense Debit Bank Loan Credit Accounts Receivable Debit Depreciation Expense Debit Legal Fees Expense Debit Accounts Payable Credit Property, Plant & Equipment Debit Unearned Revenue Credit Service Revenue Credit