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Using the Following List of Accounts and Identification Letters a Through

question 54

Essay

Using the following list of accounts and identification letters A through J for Homer's Management Co., enter the type of account and its normal balance into the table below. The first item is filled in as an example:
 A. Homer, Capital  F. Prepaid Rent  B. Interest Payable  G. Advertising Expense  C. Land  H. Unearned Rent Revenue  D. Homer, Withdrawals  I. Commissions Earned  E. Fees Earned  J. Notes Receivable \begin{array}{ll}\text { A. Homer, Capital } & \text { F. Prepaid Rent } \\\text { B. Interest Payable } & \text { G. Advertising Expense } \\\text { C. Land } & \text { H. Unearned Rent Revenue } \\\text { D. Homer, Withdrawals } & \text { I. Commissions Earned } \\\text { E. Fees Earned } & \text { J. Notes Receivable }\end{array}
 Type of Account  Normal Bal ance  Astst  Liability  Equity  Debit  Credit  A  X  X  B  C  D  E  F  G  H  I  J \begin{array} { l | c | c | c | c | c } &{ \text { Type of Account } } &&& { \text { Normal Bal ance } } \\\hline & \text { Astst } & \text { Liability } & \text { Equity } & \text { Debit } & \text { Credit } \\\hline \text { A } & & & \text { X } & & \text { X } \\\hline \text { B } & & & & & \\\hline \text { C } & & & & & \\\hline \text { D } & & & & & \\\hline \text { E } & & & & & \\\hline \text { F } & & & & & \\\hline \text { G } & & & & & \\\hline \text { H } & & & & & \\\hline \text { I } & & & & & \\\hline \text { J } & & & & & \\\hline\end{array}


Definitions:

Transcendentalist Movement

An intellectual movement in the mid-19th century that emphasized individualism, nature, and self-reliance, primarily in the United States.

Ralph Waldo Emerson

An American essayist, lecturer, philosopher, and poet who led the transcendentalist movement of the mid-19th century, advocating for individualism and the inherent goodness of people and nature.

Ban Alcohol

The prohibition of the manufacture, sale, and consumption of alcoholic beverages, notably practiced in the United States from 1920 to 1933.

Medical Purposes

The use of substances, procedures, or treatments to diagnose, cure, treat, or prevent disease, injury, or other physical or mental impairments in humans.

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