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A) Choose all accounts below that would normally have a debit balance. Group of answer choices Equipment Net Income Cost of Goods Sold Retained Earnings
A) Choose all accounts below that would normally have a debit balance.
Group of answer choices
Equipment
Net Income
Cost of Goods Sold
Retained Earnings
Interest Expense
Accounts payable
Rent Expense
Cash
B) Choose all accounts below that would normally have a credit balance.
Group of answer choices
Gain on Sale of Long-term Asset
Depreciation Expense
Prepaid Rent
Accumulated Depreciation
Accounts Receivable
Bad Debt Expense
Accounts Payable
Allowance for Doubtful Accounts
Sales Revenues
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