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    Financial and Managerial Accounting Study Set 11
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    Exam 2: Analyzing Transactions
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    For Each of the Following Accounts, Indicate Whether Its Normal
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For Each of the Following Accounts, Indicate Whether Its Normal

Question 206

Question 206

Short Answer

For each of the following accounts, indicate whether its normal balance is on the credit side or the debit side of the T account.a.Credit side
b.Debit side
-Interest Revenue

Correct Answer:

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