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17 January, 18:01

Identify the accounts that would normally have balances in the credit column of a business's trial balance.

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  1. 17 January, 20:32
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    The answer is Revenues and liabilities. The lessening in liabilities is accounted for on the charge side of a diary section. Proprietor's Equity is accounted for on the monetary record. Proprietor's value accounts have typical adjusts on the credit side. Income accounts have ordinary adjusts on the credit side.
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