Indicate whether each of the following accounts is an asset, a liability, or a stockholders equity account

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Indicate whether each of the following accounts is an asset, a liability, or a stockholders’ equity account and whether it has a normal debit or credit balance: (a) Accounts Receivable, (b) Accounts Payable, (c) Equipment, (d) Dividends, (e) Supplies.

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Financial and managerial accounting

ISBN: 978-1118016114

1st edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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