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    Financial Accounting Study Set 2
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    Exam 3: Processing Accounting Information
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    Each Account Has a Normal Balance
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Each Account Has a Normal Balance

Question 5

Question 5

Multiple Choice

Each account has a normal balance.For the following list of accounts, indicate whether the normal balance of each is a debit or a credit.
-Cash


A) Debit
B) Credit

Correct Answer:

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