Brief Exercise 3-4 For each of the following accounts, indicate the effect of a debit or a credit on the
Question
Brief Exercise 3-4 For each of the following accounts, indicate the effect of a debit or a credit on the account and the normal balance.
Debit Effect Credit Effect Normal Balance
(a) Accounts Payable
(b) Advertising Expense
(c) Service Revenue
(d) Accounts Receivable
(e) Retained Earnings
(f) Dividends
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