Given the following accounts, tell whether the normal balance of each account is a debit (DR) or

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Given the following accounts, tell whether the normal balance of each account is a debit (DR) or a credit (CR):
1. Interest receivable
2. Accounts payable
3. Common stock
4. Service revenue
5. Prepaid rent

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Financial Accounting: A Business Process Approach

ISBN: 978-0136115274

3rd edition

Authors: Jane L. Reimers

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Question Posted: Sep 01, 2014 12:24 PM

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Given the following accounts, tell whether the normal balance of each account is a debit (DR) or

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Financial Accounting: A Business Process Approach

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