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For Each of the Accounts in the Following Table (1)identify

question 213

Essay

For each of the accounts in the following table (1)identify the type of account as an asset,liability,equity,revenue,or expense,and (2)identify the normal balance of the account.
For each of the accounts in the following table (1)identify the type of account as an asset,liability,equity,revenue,or expense,and (2)identify the normal balance of the account.


Definitions:

Genetic Factors

Components of an individual's DNA that contribute to their development, traits, and health, inherited from their parents.

Depression

An emotional wellness issue that is defined by a continuous feeling of sadness or a disinterest in pursuits, leading to considerable disruption in daily activities.

Work

Engaging in a task, job, or activity for the purpose of earning money, producing goods, or providing services.

Need the Money

A phrase indicating financial necessity, often used to explain the reason for seeking employment or engaging in certain activities for compensation.

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