A debit is not the normal balance for which account listed below?
A) Owner's Drawings
B) Cash
C) Accounts Receivable
D) Service Revenue
Correct Answer:
Verified
Q51: Credits
A) decrease both assets and liabilities.
B) decrease
Q52: An account will have a credit balance
Q53: The best interpretation of the word credit
Q54: An accountant has debited an asset account
Q55: A T-account is
A) a way of depicting
Q57: A credit is not the normal balance
Q58: The right side of an account
A) is
Q59: The normal balance of any account is
Q60: A debit to an asset account indicates
A)
Q61: Boise Co. pays its employees twice a
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