Selected accounts from the ledger of Thomas Company appear below. For each account, indicate the following:
a. In the first column at right, indicate the type of each account using the following abbreviations:
Asset - A Revenue - R None of the above - N Liability - L Expense - E
b. In the second column, indicate the normal balance of the account by inserting a Dr. or Cr. 
Definitions:
Mutually Exclusive Projects
Investment projects where the acceptance of one project prevents the acceptance of another.
Crossover Point
The point at which two or more alternative investments have the same net present value or rate of return.
Negatively Correlated Projects
Investments whose returns move in opposite directions, where the success of one is associated with the failure of another.
Independent Projects
Projects within a financial or business context that do not affect each other's outcomes or viability.
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