For Each of the Following, Identify in Column 1 the Balance

question 121

Essay

For each of the following, identify in Column 1 the balance the account will have in the adjusted trial balance columns (debit or credit), in Column 2 the financial statement column(s) in which the account balance will be found (income statement or balance sheet), and in Column 3 the effect the account will have on the determination of net income (increase, decrease, or none).
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Definitions:

Electron

Negatively charged subatomic particle in an atom.

Valence Electrons

Electrons in the outer shell of an atom that determine the atom's chemical properties and its ability to form bonds with other atoms.

Atomic Number

The number of protons in the nucleus of an atom, which determines the chemical properties of an element and its place in the periodic table.

Atomic Mass

The mass of an atom, typically expressed in atomic mass units (amu), representing the total number of protons and neutrons in the nucleus.