State for each account whether it is likely to have a Debit entries
State for each account whether it is likely to have
(a) Debit entries only
(b) Credit entries only
(c) Both debit and credit entries. Also, indicate its normal balance.
1. Prepaid Insurance
2. Rent Revenue
3. Li Xu, Drawing
4. Miscellaneous Expense
5. Accounts Payable
6. Cash

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