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EX 2-6 Normal balances of accounts

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Question;EX 2-6 Normal balances of accounts;Identify;each of the following accounts of Advanced Services Co. as asset, liability;owner?s equity, revenue, or expense, and state in each case whether the normal;balance is a debit or a credit.;a. Accounts Payable;b. Accounts Receivable;c. Barbara Mallary, Capital;d. Barbara Mallary, Drawing;e. Cash;f. Fees Earned;g. Office Equipment;h. Rent Expense;i. Supplies;j. Wages Expense

 

Paper#37290 | Written in 18-Jul-2015

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