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Which of the following statements is true of the Common Stock account? A. It is a liability account that has a normal credit balance. B.

Which of the following statements is true of the Common Stock account?

A. It is a liability account that has a normal credit balance.

B. It is a liability account that has a normal debit balance.

C.It is an equity account that has a normal credit balance.

D.It is an equity account that has a normal debit balance

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