Identify the financial statement on which each of the following account categories would appear: the balance sheet
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Identify the financial statement on which each of the following account categories would appear: the balance sheet (BS), the income statement (IS), or the retained earnings statement (RE). Indicate the normal balance (Dr for debit; Cr for credit) for each account category.
Transcribed Image Text:
Assets Common stock Dividends Expenses Liabilities Revenue Financial statement Normal balance
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Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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