Which account listed below has a normal debit balance?
A) Owner's Capital account
B) Expense account
C) Liability account
D) Revenue account
Correct Answer:
Verified
Q47: In recording an accounting transaction in a
Q63: Which account below is not a subdivision
Q94: A credit is not the normal balance
Q95: Which of the following correctly identifies
Q97: Which of the following correctly identifies
Q98: Credit always means
A) increase.
B) decrease.
C) left side
D)
Q100: The normal balances of accounts are:
Q102: Which of the following statements is correct?
A)
Q103: A debit is not the normal balance
Q104: Knowledge of the normal balances of accounts
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