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For each of the following accounts indicate the effect of a debit or a credit on the account and the normal balance Debit Credit
For each of the following accounts indicate the effect of a debit or a credit on the account and the normal balance Debit Credit Normal Balance 1 Salaries and Wages Payable V V 2. Unearned Service Revenue Decrease v Increase Y Debit 3. Rent Revenue 4. Prepaid Insurance > 5. Advertising Expense Increase Decrease M Debit >
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