Indicate whether each account is an asset, liability or a stockholders' equity account and whether it would have a normal debit or credit balance. a. Accounts Receivable    d. Dividends b. Accounts Payable          e. Supplies c. Equipment

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A:

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A: Answers

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Q: For each account, identify whether the normal balance is a debit or credit a.Notes Payable…

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.