Henderson Company has the following accounts. For each account, state whether it is an asset, liability, owners

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Henderson Company has the following accounts. For each account, state whether it is an asset, liability, owner’s equity, revenue, or expense, and whether the normal balance is a debit or a credit.

a. Accounts Payable
b. K. Henderson, Capital
c. Cash
d. Wages Expense
e. Computer Equipment

f. K. Henderson, Withdrawals
g. Rent Expense
h. Training Fees Earned
i. Accounts Receivable
j. Office Equipment

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College Accounting A Practical Approach

ISBN: 9780135222416

14th Canadian Edition

Authors: Jeffrey Slater, Debra Good

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