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1. Short questions: a) Name three accounts that typically have a debit balance. b) Name three accounts that typically have a credit balance c) Where
1. Short questions: a) Name three accounts that typically have a debit balance. b) Name three accounts that typically have a credit balance c) Where (if at allI) are the following accounts shown on the balance sheet? i. Owners' equity ii. Cost of goods sold iii. Prepaid insurance iv. PP&E A/R V. Office supplies vi. Unearned revenue vii. d) Do the following accounts typically show a debit or a credit balance? i. Revenue Accumulated depreciation ii. iii. Depreciation Unearned revenue iv
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