COOLDUDE6428 COOLDUDE6428

24-09-2019
Business

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Assets normally carry a _ balance and are shown in the ________. Debit; Income statement Debit; Statement of stockholders' equity Credit; Balance sheet Debit; Balance sheet

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canigeloy canigeloy

24-09-2019

Answer:

See blanks below

Explanation:

Assets normally carry a debit balance and are shown in the Balance Sheet.

Composition:

Balance sheet: Assets & Liabilities + Equity

Statement of Stockholders ( Equity ) : Capital, Earnings, Losses, etc

Income Statement: Sales, cost, margins, profit/losses. etc

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