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    Corporate Financial Accounting Study Set 1
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    Exam 2: Double-Entry Accounting
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    Which of the Following Describes the Classification and Normal Balance
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Which of the Following Describes the Classification and Normal Balance

Question 6

Question 6

Multiple Choice

Which of the following describes the classification and normal balance of the fees earned account?


A) asset, credit
B) liability, credit
C) stockholders' equity, debit
D) revenue, credit

Correct Answer:

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