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Identify the normal balance (debit or credit) for each of the following accounts. Normal Ending Balance a. Dividends b. Prepa

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Answer #1

Identify normal balance

a Dividend Debit
b prepaid rent Debit
c Common Stock Credit
d Prepaid service fees Debit
e Utilities payable Credit
f Prepaid parking debit
g Taxes payable Credit
h Supplies Debit
i Interest payable Credit
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