For Each of the Following Accounts, (1) Identify the Account

question 9

Essay

For each of the following accounts, (1) identify the account as an asset, liability, equity, revenue, or expense, and (2) indicate the normal balance of the account.




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

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Definitions:

Latent Content

The symbolic meaning behind a dream’s content.

Terminally Ill

A state of having a disease or condition that is incurable and expected to lead to death.

Emotional Stress

Emotional stress involves feelings of strain and pressure resulting from adverse or demanding circumstances, differing from physical stress in its psychological impact.

Free Association

A psychoanalytic technique in which a patient says whatever comes to mind without censorship as a way to explore the unconscious.