Indicate the normal balance and category of each of the following accounts: a. Sales Returns and Allowances

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Indicate the normal balance and category of each of the following accounts: 

a. Sales Returns and Allowances 

b. Inventory 

c. Miscellaneous Income 

d. Payroll Tax Expense 

e. Sales Discounts 

f. Cost of Goods Sold 

g. Income Tax Payable 

h. Prepaid Expenses

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Related Book For  answer-question

College Accounting A Practical Approach

ISBN: 978-0134166698

13th Canadian edition

Authors: Jeffrey Slater, Debra Good

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