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For each of the following accounts indicate (a) the type of account (Asset, Liability, Owner's Equity, Revenue, Expense). (b) the debit and credit effects, and
For each of the following accounts indicate (a) the type of account (Asset, Liability, Owner's Equity, Revenue, Expense). (b) the debit and credit effects, and (c) the normal account balance. (a) Type of Account (b) Debit and Credit Effects (c) Normal Balance 1. Accounts Payable 2. Accounts Receivable
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