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For Each of the Following Accounts Indicate

Question 90

Short Answer

For each of the following accounts indicate:
(a) the type of account (asset, liability, equity, revenue, expense)
(b) the debit and credit effects
(c) the normal account balance.
For each of the following accounts indicate: (a) the type of account (asset, liability, equity, revenue, expense) (b) the debit and credit effects (c) the normal account balance. -Loan payable
-Loan payable

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