For each of the following general ledger accounts identify:
(a) the type of account (Asset, Liability, Shareholders Equity, Revenue, Expense),
(b) the debit and credit effects, and
(c) the normal account balance.

Question

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The Answer of For each of the following general ledger accounts identify:
(a) the type of account (Asset, Liability, Shareholders Equity, Revenue, Expense),
(b) the debit and credit effects, and
(c) the normal account balance.

For Each of the Following General Ledger Accounts Identify