A credit is NOT the normal balance for which account listed below?
A) Capital account
B) Revenue account
C) Liability account
D) Drawings account
Correct Answer:
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Q46: Which of the following statements about the
Q47: A 'T' account
A) is a way of
Q48: Which of the following is NOT true
Q50: The left side of an account is
A)
Q52: A debit to a liability account always
Q53: Which one of the following is NOT
Q54: An account is used as part of
Q55: A debit to an asset account always
Q56: The double-entry system requires that each transaction
Q59: The normal balance of any account is
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