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For the Following, Mark a "D" If the Following Account

Question 148

Essay

For the following, mark a "D" if the following account normally has a debit balance and mark a "C" if the following account normally has a credit balance.
1. Notes Payable
2. Mortgage Payable
3. Dividends
4. Accounts Receivable
5. Common Stock
6. Rent Revenue
7. Unearned Income
8. Utility Expense
9. Automobiles

Correct Answer:

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1.C 2.C 3....

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