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Unformatted text preview: c Normal balance of an asset d Amounts owed to the bank e Where journal entries are posted f Increases revenue g Utility costs incurred in the operation of the business 1 Accounts payable 2 All accounts, collectively 3 Book of original entry 4 Equipment used in a business 5 Nature of a decrease in a liability 6 Rent costs incurred and paid to the landlord 7 Used to increase an equity account...
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This note was uploaded on 02/29/2012 for the course ACCOUNTING 101 taught by Professor Hudack during the Spring '11 term at FIU.
- Spring '11