Question: During the month, Gilbert Labs Co. has a substantial number of transactions affecting each of the following accounts. State for each account whether it is

During the month, Gilbert Labs Co. has a substantial number of transactions affecting each of the following accounts. State for each account whether it is likely to have
(a) Debit entries only,
(b) Credit entries only, or
(c) Both debit and credit entries.
1.
2.
3. Cash
4. Fees Earned
5. Dividends
6. Miscellaneous Expense
7. Supplies Expense

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