Indicate whether each account below has a normal debit or a normal credit balance.
a. Automobiles
b. Accounts Payable
c. Common Stock
d. Prepaid Rent
e. Advertising Expense
f. Service Revenue
g. Dividends
h. Retained Earnings
i. Land
j. Interest Payable
k. Notes Receivable
Correct Answer:
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b.Credit
c.C...
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