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Selected Accounts for Moonbills Corporation Appear Below

question 57

Essay

Selected accounts for Moonbills Corporation appear below.
Required:
For each account,indicate the following:
Part a.P1P1_0.95In the first column at the right,indicate the nature of each account,using the following abbreviations: Asset - A,Liability - L,Stockholders' Equity - SE.P1P1_E
Part b.In the second column,indicate the normal balance by inserting dr (for debit)or cr (for credit).
Selected accounts for Moonbills Corporation appear below. Required: For each account,indicate the following: Part a.P1P1_0.95In the first column at the right,indicate the nature of each account,using the following abbreviations: Asset - A,Liability - L,Stockholders' Equity - SE.P1P1_E Part b.In the second column,indicate the normal balance by inserting dr (for debit)or cr (for credit).


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