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Consider the following list of accounts: Cash Retained Earnings Service Revenue Utilities Expense Salaries Expense Accounts Receivable Accounts Payable Common Stock Equipment Dividends How many
Consider the following list of accounts:
Cash | Retained Earnings |
Service Revenue | Utilities Expense |
Salaries Expense | Accounts Receivable |
Accounts Payable | Common Stock |
Equipment | Dividends |
How many of these accounts have a normal debit balance?
A) Seven.
B) Five.
C) Six.
D) Four.
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