Week1_5_ Leonardo Figueiredo.docx - Leonardo Figueiredo ACC111 Principles of Accounting Professor Marthenia Garrett 1 Accounts Payable Liabilities

Week1_5_ Leonardo Figueiredo.docx - Leonardo Figueiredo...

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Leonardo Figueiredo ACC111- Principles of Accounting Professor Marthenia Garrett March 10, 2018 1. Accounts Payable- Liabilities; normal credit balance. 2. Accounts Receivable- Assets; normal debit balance. 3. Judy Groves, Capital- Owner’s equity; normal credit balance. 4. Judy Groves, Drawing- Owner’s equity; normal credit balance.
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