For each of the following, identify in Column 1 the category to which the account belongs, in Column 2 the normal balance for the account, in Column 3 the financial statement in which the account balance is reported, and in Column 4 the account's nature (permanent/temporary).
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Correct Answer:
Verified
Q105: Given the following accounts:
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Debit _
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[1]Cash in bank
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[4]Equipment
[5]Notes
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