For Each of the Accounts Listed Below,indicate Whether the Typical

question 99

Essay

For each of the accounts listed below,indicate whether the typical or normal balance is a debit or credit.
A.Supplies
B.Notes payable
C.Retained earnings
D.Equipment
E.Prepaid insurance expense
F.Accounts receivable
G.Land
H.Additional paid-in capital
I.Accounts payable
J.Unearned revenue

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Definitions:

Iron Formation

A sedimentary rock consisting of alternating layers of iron-rich minerals and silica or carbonate, typically formed in Precambrian seas.

Seawater

The saltwater that makes up the oceans and seas, covering more than 70% of the Earth's surface, containing various salts and life forms.

Silica-rich Organisms

Organisms that produce silica (silicon dioxide) as part of their structure, such as diatoms and certain sponges.

Cross Bed Formation

The structures within sedimentary rocks that result from angled deposition due to wind or water currents, indicating the direction of flow.