Enter the number for the item that best completes each of the descriptions below.
1. General ledger
2. Chart
a. The is a record containing all accounts used by a company.
b. A of accounts is a list of all accounts a company uses.
2. For each of the following identify the type of account as an asset, liability, equity, revenue, or expense, identify the normal balance of the account, and enter debit (Dr.) or credit (Cr.) to identify the kind of entry that would increase the account balance.
a. Fees Earned
b. Equipment j. Owner Withdrawals
c. Notes Payable
d. Owner Capital
e. Cash
f. Legal Expense
g. Prepaid Insurance
h. Land
i. Accounts Receivable
k. License Fee Revenue
l. Unearned Revenue