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NOTE - this is a must - post first discussion thread, you will not be able to see another student's post until you post first.

NOTE - this is a must-post first discussion thread, you will not be able to see another student's post until you post first.
For the original post:
Indicate whether the following accounts generally will have (1) debit entries only, (2) credit entries only, or (3) both debit and credit entries.
And then state the effects of a debit and credit on the account and the normal balance of the account.
Example Cash - both, debit increases, credit decreases, normal balance is a debit.
Cash
Accounts Receivable.
Owner's Drawings.
Accounts Payable.
Salaries and Wages Expense.
Service Revenue.
Advertising Expense.
Prepaid Insurance.
Owner's Capital.
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