Home / Questions / In the first space below, indicate whether each account is a real or nominal account using

In the first space below, indicate whether each account is a real or nominal account using

In the first space below, indicate whether each account is a real or nominal account using (R) Real Account and (N) Nominal Account. In the second space below, indicate by an (X) if the account should be closed.

 

N X0. Advertising Expense

______  ______ 1. Prepaid Insurance

______  ______ 2. Service Fees

______  ______ 3. Amortization Expense

______  ______ 4. Accumulated Amortization

______  ______ 5. Salaries Payable

______  ______ 6. Prepaid Rent

______  ______ 7. Income Summary

______  ______ 8. Insurance Expense

Dec 06 2019 Read more Less More

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