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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.
 Account Title  Account Type  Normal Balance  (Debit or Credit)  a. Prepaid Insurance  b. Accounts Payable  c. Common Stock  d. Utilities Expense  e. Land  f. Services Revenue  g. Notes Receivable  h.dvertising Expense  i. Unearned Revenue j. Service Revenue \begin{array} { | l | l | l | } \hline \text { Account Title } & \text { Account Type } & \begin{array} { l } \text { Normal Balance } \\\text { (Debit or Credit) }\end{array} \\\hline \text { a. Prepaid Insurance } & & \\\hline \text { b. Accounts Payable } & & \\\hline \text { c. Common Stock } & & \\\hline \text { d. Utilities Expense } & & \\\hline \text { e. Land } & & \\\hline \text { f. Services Revenue } & & \\\hline \text { g. Notes Receivable } & & \\\hline \text { h.dvertising Expense } \\\hline\text { i. Unearned Revenue } & & \\\hline \text {j. Service Revenue } & & \\\hline\end{array}


Definitions:

Malignant Tumor

A type of cancerous growth capable of invasion and spread to surrounding and distant tissues.

Nerve Cell

A specialized, electrically excitable cell that communicates with other cells via specialized connections called synapses; fundamental unit of the nervous system.

Tens

A unit of pressure or stress, oftentimes used in the context of physical sciences, but this definition is incorrect. NO.

Meaning

The significance or purpose of something; what is intended to be expressed or indicated.

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