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QUESTION 24 Match each account with its normal balance. Financial Statement and Account Classification A Accounts receivable A. Debit, Balance Sheet, Current Asset Accumulated Depreciation
QUESTION 24 Match each account with its normal balance. Financial Statement and Account Classification A Accounts receivable A. Debit, Balance Sheet, Current Asset Accumulated Depreciation B. Credit, Balance Sheet, Long-term Liability Allowance for Doubtful Accounts C. Debit, Balance Sheet, Intangible E Common Stock D. Credit, Balance Sheet, PP&E Sales E. Credit, Balance Sheet, Paid-in-Capital F. Credit, Balance Sheet, Earned Capital Unearned Revenue G, Debit, Income Statement, Operating Expense Bonds Payable (4 years) H. Credit, Balance Sheet, Current Asset F.Retained Earnings 1. Credit, Balance Sheet, Current liability G. Cost of Goods Sold J. Credit, Income Statement, Revenue Patent
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