Which of the following correctly identifies the normal balances of accounts? 
Correct Answer:
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Q47: If services are performed on credit, then
A)assets
Q54: The purchase of an asset for cash
A)increases
Q56: The purchase of an asset on credit
A)increases
Q70: The normal balance of any account is
Q73: The right side of an account is
A)always
Q77: A credit to an asset account indicates
Q78: The double-entry system requires that each transaction
Q81: For the basic accounting equation to stay
Q84: Which pair of accounts follows the rules
Q85: The classification and normal balance of the
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