Indicate whether each of the following accounts normally has a debit balance or a credit balance: 1.

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Indicate whether each of the following accounts normally has a debit balance or a credit balance:
1. Equipment
2. Accounts Receivable
3. Salaries Expense
4. Supplies
5. Accounts Payable
6. Fee Income
7. Taylor Brown, Capital
8. Cash

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College Accounting Chapters 1-30

ISBN: 978-1259631115

15th edition

Authors: John Price, M. David Haddock, Michael Farina

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Question Posted: Jul 11, 2018 07:48 AM

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Indicate whether each of the following accounts normally has a debit balance or a credit balance: 1.

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1 1 Equipment Debit 2 Accounts Receivable Debit 3 Salaries Expense Debit 4 Suppli...View the full answer

College Accounting Chapters 1-30

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