For Each of the Following (1) Identify the Type of Account

question 174

Essay

For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense, and (2) identify the normal balance of the account. $\begin{array}{|l|l|cc|} \hline \text { Account Title } & \text { Account Type } & \text { Normal Balance } \\ &&\text { Debit or Credit) }\\ \hline \text { a. Prepaid Insurance} & \text { } & \text { }\\\hline \text { b. Accounts Payable } & \text { } & \text { }\\ \hline\text { c. Common Stock } & \text { } & \text { }\\\hline \text {d. Utilities expense } & \text { } & \text { }\\\hline \text { e. Land} & \text { } & \text { }\\ \hline\text { f. Services revenue } & \text { } & \text { }\\\hline \text { g. Notes Receivable} & \text { } & \text { }\\\hline \text { h. Advertising expense} & \text { } & \text { }\\ \hline\text { i. Unearned Revenue } & \text { } & \text { }\\\hline \text { i. Service Revenue } & \text { } & \text { }\\\hline\end{array}$

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Definitions:

Slide Show Monitor

A display device or program used for presenting a series of pictures or slides in a sequence.

Resolution

The detail level of a digital image or display, defined by the number of pixels in width and height.

Handout Master

In presentation software like PowerPoint, it is the template used for controlling the layout and design of handout pages.

Background Styles

Predefined or custom settings that determine the appearance of the background in a document or presentation, including color, texture, or image.