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 (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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