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Required: Identify the normal balance and type of account for the following. In Identifying the normal balance, use Dr for debit or Cr for credit,
Required: Identify the normal balance and type of account for the following. In Identifying the normal balance, use "Dr" for debit or "Cr" for credit, Account Name Normal balance Type of Account Accounts Receivable Merchandise Inventory Sales Tax Payable Sales Sales Discounts Sales Retums and Allowances Cost of Goods Sold Credit Card Expense
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