Several Accounts from the Financial Statements of Robot Technologies Are

question 196

Essay

Several accounts from the financial statements of Robot Technologies are listed below.In the two columns provided for answers, indicate the type of account and the normal account balance.Use the following identification codes for your answers: $\begin{array}{ll}\text { Type of Account } & \text { Normal Balance } \\\hline\mathrm{A}=\text { Asset } & \mathrm{DR}=\text { Debit } \\\mathrm{L}=\text { Liability } & \mathrm{CR}=\text { Credit } \\\mathrm{SE}=\text { Stockholders' Equity } & \\\mathrm{R}=\text { Revenue } & \\\mathrm{E}=\text { Expense } &\end{array}$
$$\begin{array}{llcc}&&\text {Type of Account }&\text {Normal Balance }\\\hline A)&\text { Prepaid Expenses}&---&---\\B)&\text {Cable Television Equipment }&---&---\\C)&\text { Subscriptions Received in Advance}&---&---\\D)&\text { Common Stock}&---&---\\E)&\text { Accounts Payable}&---&---\\F)&\text { Income Taxes Expense}&---&---\\G)&\text { Interest Income}&---&---\\H)&\text {Cable Television Franchises }&---&---\\I)&\text {Long-Term Debt }&---&---\\\end{array}$$

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Definitions:

Minority Families

Families belonging to a racial, ethnic, cultural, or religious minority group within a society.

Helping Professionals

Individuals involved in professions that are focused on providing assistance, support, or education to others.

Family Secrets

Information within a family that is concealed from outsiders or even from other family members, often to protect the family's privacy or reputation.

Joining

The act of becoming a member or part of a group, organization, or system.