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:

Day-To-Day Activities

Day-to-day activities encompass the routine actions and tasks that individuals or organizations perform regularly as part of their normal life or operation.

Task-Oriented

Focused on completing specific tasks or objectives, often prioritizing work efficiency and achievement of results over personal relationships.

Self-Oriented

Pertains to behaviors or attitudes focused on one's own needs, desires, or interests rather than those of others.

Diagnose

The process of identifying the nature or cause of a certain phenomenon, often applied to finding out the reasons behind a problem or condition.