Which of the following accounts has a normal credit balance?
A)Cash
B)Notes receivable
C)Wage expense
D)Unearned revenue

Name: Which of the following accounts has a normal credit balance? A)Cash B)Notes receivable C)Wage expense D)Unearned revenue
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Question

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Unearned revenue is a liability account and has a normal credit balance. This means that when there is an increase in unearned revenue, the credit side is affected, and when there is a decrease, the debit side is affected.

Which of the Following Accounts Has a Normal Credit Balance