1. identify each account as an asset (a), liability (l), or equity (e).
2. identify whether the account is increased with a debit (dr) or credit (cr)3. identify whether the normal balance is a debit (dr) or credit (cr)
a) interest revenue
b) accounts payable
c) common stock
d) office supplies
e) advertising expense
f) unearned revenue
g) prepaid rent
h) utilities expense
i) dividends
j) service revenue

Kimberly has been jonah in preparing his personal income tax forms for a couple of years. jonah's boss recommended kimberly because she had done a good job setting up the company's new accounting system. jonah is very satisfied with kimberly's work and feels that the fees she charges are quite reasonable. kimberly would be classified as a(n) (a) independent auditor (b) private accountant (c) public accountant (d) accounting broker

Increases in output and increases in the inflation rate have been linked to

Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of