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Indicate whether each of the following accounts is an asset

1. Indicate whether each of the following accounts is an asset, a liability, or an owner's equity account and whether it has a normal debit or credit balance:

(a) Accounts Receivable,

(b) Accounts Payable,

(d) Owner's Drawing,

(e) Supplies.

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Accounting Basics: Indicate whether each of the following accounts is an asset

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Prepared by a verified Expert

Accounting Basics: Indicate whether each of the following accounts is an asset

Reference No:- TGS01522379

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