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  3. for account type, write if the account is an asset

For Account Type, write if the account is an Asset, Contra Asset, Liabilities, Contra Liability,...

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Accounting

For Account Type, write if the account is an Asset, Contra Asset, Liabilities, Contra Liability, Income, Expense, Equity, Contra-Equity
Is account part of Retained Earnings? Yes or No
You increase with a Debit or Credit Write DEBIT or CREDIT.
where you find this account. Write: Income Statement or Balance Sheet

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