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Ancelmo Molina just opened Mo's Repairs, a home repairs service company. A friend has advised Ancelmo to set up a double-entry setof accounting records in
Ancelmo Molina just opened Mo's Repairs, a home repairs service company. A friend has advised Ancelmo to set up a double-entry setof accounting records in which to record all of his business transactions. Indicate whether the normal balance of each of the accounts listed below is a debit or credit. Normal Balance Cash Equipment Supplies Accounts Payable Notes Payable Owner's Capital
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