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2. Asset accouns normally have ____ balances. These accounts increase on the ____ side and decrease on the ___ side. 3. Liability accounts normally have ___ balances. These accounts increase on the _____ side and decrease on the ____ side? 4. Expense accounts normally have ____balances. These accounts increase on the ____ side and decrease on the _____ side. 5. The owner's capital account normally has a ____ balance.This account increase on the _____ side and decrease on the ____ side.
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|Score 1|debnjerry|Points 72811|
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Asked 48 days ago|5/16/2022 12:49:09 AM
Updated 42 days ago|5/22/2022 4:39:18 AM
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[Deleted]
Added 48 days ago|5/16/2022 1:35:28 AM
This answer has been added to the Weegy Knowledgebase
Flagged by Wallet.ro [5/19/2022 5:19:09 PM], Deleted by julyaselin [5/23/2022 2:35:41 PM], Rated good by julyaselin, Rated bad by julyaselin
3
These accounts increase on the debit side and decrease on the credit side.

Added 48 days ago|5/16/2022 1:36:54 AM
This answer has been confirmed as correct and helpful.
3
Assets accounts generally have a debit balance.
Added 44 days ago|5/19/2022 5:19:23 PM
This answer has been confirmed as correct and helpful.
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3. Liability accounts normally have credit balances, An increase in liability recorded by a credit and a decrease is entered as a debit.
Added 44 days ago|5/19/2022 5:22:29 PM
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4. Expanse accounts normally have debit balances. These accounts increase on the debit side and decrease on the credit side.
Added 44 days ago|5/19/2022 5:24:07 PM
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5. The owner’s capital account normally has a credit balance. This account increases on the credit side and on the debit side.
Added 44 days ago|5/19/2022 5:25:26 PM
This answer has been confirmed as correct and helpful.
0
Assets, which are on the left of the equal sign, increase on the left side or DEBIT side. Liabilities and stockholders' equity, to the right of the equal sign, increase on the right or CREDIT side.
Added 42 days ago|5/22/2022 4:39:18 AM
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