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Assets normally carry a _______ balance and are shown in the ______________. Debit; Income statement Debit; Statement of stockholders' equity Credit; Balance sheet Debit; Balance sheet

Respuesta :

canigeloy

Answer:

See blanks below

Explanation:

Assets normally carry a debit  balance and are shown in the Balance Sheet.

Composition:

Balance sheet: Assets  &  Liabilities + Equity

Statement of Stockholders ( Equity ) : Capital, Earnings, Losses, etc

Income Statement: Sales, cost, margins, profit/losses. etc