Solution-Indicate the effect of a debit or a credit on the

Indicate the effect of a debit or a credit on the account

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Reference no: EM13972861

For each of the following accounts, indicate the effect of a debit or a credit on the account and the normal balance.

Debit Effect Credit Effect Normal Balance

(a) Accounts Payable

(b) Advertising Expense

(d) Accounts Receivable

(e) Retained Earnings

(f) Dividends

Reference no: EM13972861

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Indicate the effect of a debit or a credit on the account

Reference no: EM13972861

Reference no: EM13972861

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