Which of the following accounts normally has a debit balance?
A) Liabilities
B) Owners' equity
C) Revenues
D) Expenses

Name: Which of the following accounts normally has a debit balance? A) Liabilities B) Owners' equity C) Revenues D) Expenses
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Question

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Expenses accounts normally have a debit balance as they increase with a debit entry and decrease with a credit entry. Liabilities, owners' equity, and revenues accounts normally have a credit balance.

Which of the Following Accounts Normally Has a Debit Balance