Question: 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.
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 it's normal balance.
1. Accounts receivable
2. Commissions earned
3. Heidi Schmidt, Capital
4. Rent Expense
5. Rent Revenue
6. Wages Payable
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