In terms of debits and credits, which of the following accounts have the same normal balances?
A) accounts payable, accounts receivable, notes payable
B) dividends, accounts receivable, notes payable
C) advertising expense, selling expense, accounts receivable
D) land, building, accounts payable
E) common stock, notes payable, land
Correct Answer:
Verified
Q7: Smith Company had retained earnings of $60,000
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A)Asset,liability,and
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