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For the following general ledger accounts, identify the normal balance of the account.
Example: Accounts Payable Credit
Accounts Receivable
Building
Cash
Common Shares
Dividends
Equipment
Inventory
Land
Notes Payable
Office Equipment
Office Supplies
Rental Expense
Service Revenue
Travel Expense
Utilities Expense
Wages Expense
Economic Dependency
The condition of relying heavily on another economy for support, goods, services, or financial aid.
Income Distribution
How a nation’s total GDP is distributed amongst its population, affecting economic inequality.
Global South
A term used to describe countries considered lower-income and predominantly situated in the Southern Hemisphere, often focusing on their development challenges.
College Educations
Formal post-secondary training or instruction received at colleges or universities, which can lead to an associate's, bachelor's, master's, or doctoral degree.
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