In the first space below, indicate whether each account is a real or nominal account usin
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. Cash
______ ______ 2. Tennis Fees
______ ______ 3. Accounts Receivable
______ ______ 4. Accumulated Amortization
______ ______ 5. Withdrawals
______ ______ 6. Prepaid Rent
______ ______ 7. Income Summary
______ ______ 8. Utilities Expense
Tripti
06-Dec-2019