State for each account whether it is likely to have (a) debit entries only, (b) credit entries

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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. Also, indicate its normal balance.

1. Accounts Payable
2. Cash
3. Malissa Wahl, Drawing
4. Miscellaneous Expense
5. Insurance Expense
6. Fees Earned

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Financial Accounting

ISBN: 978-1133952428

12th Edition

Authors: Warren, Reeve, Duchac

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