The accounting equation includes three basic types of accounts: assets, liabilities, and stockholders equity. In turn, stockholders
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Requirement
1. Identify which types of accounts have a normal debit balance and which types have a normal credit balance.
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My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
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Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
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