For Each of the Accounts in the Following Table (1)

question 71

Essay

For each of the accounts in the following table (1) identify the type of account as an asset, liability, equity, revenue, or expense, and (2) identify the normal balance of the account.
$$\begin{array} { | l | l | l } \hline & \text { Account Type } & \text { Normal Bal ance } \\\hline \text { a. Wages Expense } & & \\\hline \text { b. Accounts Receivable } & & \\\hline \text { c. Commissions Eamed } & & \\\hline \text { d. Salaries Payable } & & \\\hline \text { e. Owner, Capital } & & \\\hline \text { f. Unearned Advertising Revenue } & & \\\hline \text { g. Salaries Expense } & & \\\hline \text { h. Maganine Subscription Revenue } & & \\\hline \text { i. Owner, Withdrawal } & & \\\hline \text { j. Prepaid Insurance } & & \\\hline\end{array}$$

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Definitions:

Effort Justification

The tendency to assign greater value to outcomes that require a higher level of effort to achieve, often as a means to rationalize the expenditure of resources.

Effort Justification

A phenomenon where individuals assign greater value to outcomes they had to put effort into achieving or obtaining.

Marriage Ceremonies

Rituals or events that celebrate and formalize the union between two individuals within a cultural or legal context.

Marriage-Inconsistent Behaviors

Actions or patterns of behavior in a marriage that contradict the expectations, norms, or agreements between the partners, potentially leading to conflict or dissatisfaction.