Question: Indicate the normal balance (debit or credit) for each of the following accounts: 1. Cash 2. Wages Expense 3. Accounts Payable 4. Owners Drawing 5.

Indicate the normal balance (debit or credit) for each of the following accounts:

1. Cash

2. Wages Expense

3. Accounts Payable

4. Owner’s Drawing

5. Supplies

6. Owner’s Capital

7. Equipment

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