For each of the following identify - in column 1 the category to which the account belongs

For each of the following identify - in column 1 the category to which the account belongs

For each of the following identify - in column 1 the category to which the account belongs, in column 2 the normal balance for the account, and in column 3 the financial statement on which the account balance is reported.

 

Column 1Column 2Column 3

88) Sales____________________________________

89) Professional Fees Earned____________________________________

 

90) Sales Returns and Allowances____________________________________

 

91) Cleaning Expense____________________________________

 

92) Sales Discounts____________________________________

 

93) Store Rent Expense____________________________________

 

94) Owner's Capital____________________________________

 

95) Store Supplies____________________________________

 

96) Define and compare the accounts receivable subsidiary ledger with the controlling account, Accounts Receivable.