Revenues Liabilities 400 Service Revenue – 200 Accounts Payable – 210 Unearned Revenue Expenses – 500 Utilities Expense – 510 Advertising Expense – E2-12 Requirement 1 Requirement 2 Requirement 3 Normal Increase with Account Name Type of Account Balance Debit/Credit Debit/Credit a. Interest Revenue E CR CR b. Accounts Payable L CR CR c. Chapman, Capital E CR CR d. Office Supplies A DR DR e. Advertising Expense E DR DR f. Unearned Revenue L CR CR g. Prepaid Rent A DR DR h. Utilities Expense E DR DR i. Chapman, Withdrawals E DR DR j. Service Revenue E CR CR
Revenues Liabilities 400 – Service Revenue 200 – Accounts Payable 210 – Unearned Revenue Expenses 500 – Utilities Expense 510 – Advertising Expense E2-12 Requirement 1 Requirement 2 Requirement 3 Account Name Type of Account Increase with Debit/Credit Normal Balance Debit/Credit a. Interest Revenue E CR CR b. Accounts Payable L CR CR c. Chapman, Capital E CR CR d. Office Supplies A DR DR e. Advertising Expense E DR DR f. Unearned Revenue L CR CR g. Prepaid Rent A DR DR h. Utilities Expense E DR DR i. Chapman, Withdrawals E DR DR j. Service Revenue E CR CR
Solution-Manual-Horngrens-Accounting-The-Financial-Chapters-10th-Edition-Nobles.docx