In each of the following sentences, fill in the blanks with the word debit or credit: 1.

In each of the following sentences, fill in the blanks with the word debit or credit:

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1. Revenue accounts normally have ? side and decrease on the ? side. 2. Liability accounts normally have ? side and decrease on the ? side. balances. These accounts increase on the 4. Asset accounts normally have___? decrease on the ? side. balances. These accounts increase on the 3. Expense accounts normally have ? balances. These accounts increase on the side and decrease on the ? side. ? ? ? balances. These accounts increase on the ? side and 5. The owner's capital account normally has a ? balance. This account increases on the ? side and decreases on the ? side.