Review the following list of accounts, and indicate the debit/credit rules for the account, as well as
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Review the following list of accounts, and indicate the debit/credit rules for the account, as well as the account’s normal balance. The first one is done as an example.
(a) Cash
(b) Capital Stock
(c) Accounts Payable
(d) Revenues
(e) Rent Expense
(f) Equipment
(g) Dividends
(h) Utilities Expense
(i) Accounts Receivable
(j) Loan Payable
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