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1) Classify each of the following accounts as asset, liability, revenue, expense Then, indicate next to each account, if you want to indicate it is

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1) Classify each of the following accounts as asset, liability, revenue, expense Then, indicate next to each account, if you want to indicate it is increasing, if it is a debit or credit Credit card receivable Accounts payable Cash Room revenues Food Inventory Beverage sales Depreciation expense Costs of goods sold - food Concert Admission Sales Wage expense Utilities payable

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