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1. What type of account is Accounts receivable? Your choices are asset, contra asset, liability, stockholder's equity, contra stockholder's equity, revenue, or expense. 2. What
1. What type of account is Accounts receivable? Your choices are asset, contra asset, liability, stockholder's equity, contra stockholder's equity, revenue, or expense.
2. What is the normal balance of Accounts receivable? Your choices are Debit or Credit.
3. Which financial statement does Accounts receivable appear on? Your choices are Income Statement, Statement of Retained Earnings, or Balance Sheet.
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