Several Accounts from the Financial Statements of Robot Technologies Are

question 94

Essay

Several accounts from the financial statements of Robot Technologies are listed below.In the two columns provided for answers,indicate the type of account and the normal account balance.Use the following identification codes for your answers:
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$$\begin{array} { l l } \text { Type of Account } & \text { Normal Bal ance } \\A = \text { Asset } & \text { DR } = \text { Debit } \\L = \text { Liability } & \text { CR } = \text { Credit } \\\text { SE = Stockhol ders' Equity } & \\R = \text { Revenue } & \\E = \text { Expense } &\end{array}$$ $\begin{array}{lll}& \text {Type of Account } & \text { Normal Balance } &\\ \text {A) Prepaid Expenses } &\underline{\quad\quad\quad}&\underline{\quad\quad\quad}\\ \text { B) Cable Television Equipment } &\underline{\quad\quad\quad}&\underline{\quad\quad\quad}\\ \text { C) Subscriptions Received in Advance } &\underline{\quad\quad\quad}&\underline{\quad\quad\quad}\\ \text { D) Common Stock} &\underline{\quad\quad\quad}&\underline{\quad\quad\quad}\\ \text {E) Accounts Payable } &\underline{\quad\quad\quad}&\underline{\quad\quad\quad}\\ \text {F) Income Taxes Expense }&\underline{\quad\quad\quad}&\underline{\quad\quad\quad}\\ \text { G) Interest Income } &\underline{\quad\quad\quad}&\underline{\quad\quad\quad}\\ \text { H) Cable Television Franchises } &\underline{\quad\quad\quad}&\underline{\quad\quad\quad}\\ \text { I) Long-Term Debt} &\underline{\quad\quad\quad}&\underline{\quad\quad\quad}\\\end{array}$

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