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Select the appropriate account type and normal balance for each account: Question Sales Work (or Goods) in Process Inventory Cost of goods sold Finished goods
Select the appropriate account type and normal balance for each account:
Question
Sales
Work (or Goods) in Process
Inventory Cost of goods sold
Finished goods inventory
All Answer Choices
A. Asset - Debit
B. Liability - Credit
C. Equity - Credit
D. Revenue - Debit
E. Revenue - Credit
F. Expense - Credit
G.Expense - Debit
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