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1: For the attached table, identify the type of account as an asset, liability, equity, revenue or expense account. Then type debit or credit within
1: For the attached table, identify the type of account as an asset, liability, equity, revenue or expense account. Then type debit or credit within the increase/decrease columns to signify whether a debit increases the account, or a credit increases the account. The same for the decrease column. (33 points, 1 point per answer) 1 2345 Account Name Cash Inventory Accounts Receivable Accounts Payable Owner Capital 6 Owner Withdrawal 7 Sales 8 Sales Discounts 9 Sales returns 10 COGS 11 Shipping expense Account Type Increase Decrease
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