how to solve this? Problem 2 Complete the chart. Two...
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Accounting
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Problem 2 Complete the chart. Two rows have been completed for you as examples Tip: Some of these accounts are discussed in Chapters 7 & 8, and you can find them on the Sample General Ledger Accounts table at the back of your book (also available in the e-text). Accounting Equation Classification Asset Contra-revenue Normal Balance Debit Debit Financial Financial Statement Temporary Closed /Not Statement Classification /Permanent Closed Balance Sheet Current Asset Permanent Not Closed Income Statement Revenue Temporary Closed Account Title Merchandise Inventory Sales Discounts Sales Returns & Allowances Petty Cash Fund Allowance for Doubtful Accounts Accumulated Depreciation Purchases Purchase Returns & Allowances Depreciation Expense Sales Tax Payable Sales Freight-In Uncollectable Accounts Expense Interest Income Notes Payable
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