According to each account, write a "D" (Debit) or "C" (Credit) to indicate whether the...
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Accounting
According to each account, write a "D" (Debit) or "C" (Credit) to indicate whether the account would be debited or credited for its balance in the closing process. Write an X if the account is not closed.
1. Cash
2. Equipment
3. Amortization Expense
4. Rent Expense
5. D. Hollins, Drawings
6. Subscription Revenue
7. Interest Revenue
8. Interest Receivable
9. Unearned Subscription Revenue
10. Accumulated Amortization
11. Interest Expense
12. Accounts Receivable
13. Prepaid Rent
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