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For each of the following accounts, indicate whether it normally has a debit or a credit balance. Use dr. or cr:

1. Sales revenue

2. Trade and other payables

3. Trade and other receivables

4. Interest expense

5. Inventory

6. Interest income

7. Retained earnings

8. Depreciation expense

9. Dividends payable

10. Issued capital

11. Bad debt provision

12. Accumulated depreciation.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M92094405

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