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How many of the four accounts have a normal balance:1.Prepaid Insurance 1000 debit, 2.Accounts Receivable...

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Accounting

How many of the four accounts have a normal balance:1.Prepaid Insurance 1000 debit, 2.Accounts Receivable 1000 debit;3.Accumulated Depreciation 1000 debit;4.Ruiz Withdrawals 1000 credit?

A. None

B. One

C. Two

D. Three

E. Four

Answer & Explanation Solved by verified expert
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