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Please refer to the following list of General Ledger accounts. Note in the appropriate column whether they have a regular debit or credit balance, and

Please refer to the following list of General Ledger accounts. Note in the appropriate column whether they have a regular debit or credit balance, and whether they would appear on a Balance Sheet or an Income Statement

Deferred Revenue

Income Tax Expense

Furniture and Equipment

Dividends Paid

Due to Shareholder

Prepaid Expenses

Interest Expense

Administrative Expenses

Gain on Asset Disposal

Cost of Goods Sold

Employee Advances

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