In the First Space Below,indicate Whether Each Account Is a Real

question 10

Essay

In the first space below,indicate whether each account is a real or nominal account using (R)Real Account and (N)Nominal Account.In the second space below,indicate by an (X)if the account should be closed.
$\begin{array}{c}\begin{array}{lll}\underline{\text { N }}\\----\\----\\----\\----\\----\\----\\----\\----\\----\\\\\end{array}\begin{array}{lll}\underline{\text { X }}\\----\\----\\----\\----\\----\\----\\----\\----\\----\\\\\end{array}\begin{array}{lll} \text {0. Advertising Expense}\\ \text {1. Prepaid Insurance}\\ \text {2. Service Fees}\\ \text {3. Depreciation Expense}\\ \text {4. Accumulated Depreciation}\\ \text {5. Salaries Payable}\\ \text {6. Prepaid Rent}\\ \text {7. Income Summary}\\ \text {8. Insurance Expense}\end{array}\end{array}$

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Definitions:

Connect Model

The Connect Model is a framework used in psychology and organizational behavior to build and understand relationships by enhancing empathy, communication, and understanding between parties.

Requirements

The needs or conditions that must be met for a certain task or goal to be successfully achieved.

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