Essay
Indicate whether each account below has a normal debit or a normal credit balance.
a. Cash
b. Wages Payable
c. Wages Expense
d. Unearned Fees
e. Prepaid Insurance
f. Notes Payable
g. Interest Receivable
h. Store Equipment
i. Legal Fees Earned
j. Common Stock
k. Depreciation Expense, Buildings
Correct Answer:
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a.Debit
b.Credit
c.D...View Answer
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Correct Answer:
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b.Credit
c.D...
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