Whether the normal account balance is a debit or credit for


Question: Below is a list of typical accounts.

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Required: For each account, indicate

(1) the type of account and

(2) whether the normal account balance is a debit or credit. For type of account, choose from asset, liability, stockholders' equity, dividend, revenue, or expense.

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Finance Basics: Whether the normal account balance is a debit or credit for
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