Question: Indicate whether each account is an asset, a liability, or a stockholders equity account, and whether it would have a normal debit or credit balance.

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

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