Question: For each account listed below, indicate wh ether it is a nominal account or a permanent account a nd identify the normal balance of the
For each account listed below, indicate wh ether it is
a nominal account or a permanent account a nd identify
the normal balance of the account debit o credit
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to the right of each account. Answer choic es may be used once, more than once, or not at all.
accumulated
depreciation
dividends
cost of goods sold
trademark
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