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Accounting Chap 4 Rules of Debit and Credit

AB
The normal balance for Accounts Receivable is a _______.debit
The normal balance for the owner's capital account is a _____.credit
A decrease in an asset account is recorded as acredit
The normal balance for asset accounts is a______.debit
A decrease to Accounts Payable is a _____.debit
An increase to Gilberto Ferreira, Capital is a ______.credit
An increase in a liability account is recorded as a ______.credit
An increase to Office Furniture is a ______.debit
A decrease in the owner's capital account is recorded as a _____.debit
The normal balance for Accounts Payable is a _____.credit

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