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5 June - 11 June Home Assignment - 2 What is the meaning of 'Normal Balance of a T account? What kind of balances would
5 June - 11 June Home Assignment - 2 What is the meaning of 'Normal Balance of a T account? What kind of balances would be normal balance debit or credit for the following Accounts and why: 1. Asset Account 2. Contra Asset Account 3. Liability Account 4. Contributed Capital Account 5. Revenue Account 6. Expense Account 7. Dividend Account What is the normal balance of Retained Earning Account debit or credit? if you find a debit balance of a Retained Earning Account, what does it mean? Please explain in your own words. This is an individual assignment Please submit on or before 06 June, 2021. 12 June 18 June
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