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2. Suresh (a customer) paid Rs.70,000 for a major repair service on 15 March 2023. The am was recorded as revenue for FY 2023 ending

2. Suresh (a customer) paid Rs.70,000 for a major repair service on 15 March 2023. The am was recorded as revenue for FY 2023 ending on 31st March 2023. The parts for the repair m be ordered from overseas and the service won't be complete until the following month Question 6 (2 Marks) For each of the accounts in the following table (1) identify the type of account as an asset, liability, equity, revenue, or expense, and (2) identify the normal balance of the account. Account Type a. Wages Expense b. Accounts Receivable Page c. Unearned Revenue d. Prepaid Insurance Normal Balance HI

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