For Each of the Following Accounts, Indicate the Effects of (A)

question 195

Essay

For each of the following accounts, indicate the effects of (a) a debit and (b) the normal account balance.
1. Notes Payable
2. Prepaid Insurance
3. Salaries and Wages Expense
4. Service Revenue
5. Equipment
6. Common Stock

---

Definitions:

Kinetoscope Parlor

Early form of film exhibition space where individuals viewed moving pictures through a peephole viewer in machines called Kinetoscopes, popular in the late 19th to early 20th century.

Koster and Bial

A historical entertainment venue in New York City, significant for being one of the first places where a motion picture was publicly projected to an audience in 1896.

Magic Lanterns

Early projection devices used before the advent of cinema, capable of projecting painted images onto a surface, often used for entertainment and educational purposes.

Motion Toys

Mid-nineteenth century devices that facilitated the viewing of multiple moving images. See also thaumatrope; phenakistoscope; zoetrope; praxinoscope.