A credit is not the normal balance for which account listed below?
A) Owner's Capital
B) Cash
C) Service Revenue
D) Accounts Payable
Correct Answer:
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Q52: An account will have a credit balance
Q73: The owner's drawings account
A) appears on the
Q80: Assets normally show
A) credit balances.
B) debit balances.
C)
Q117: Liabilities normally show
A) credit balances.
B) debit balances.
C)
Q118: The normal balance of Owners' Capital is
Q119: Which of the following is a true
Q121: Which of the following statements is true?
A)
Q122: When Accounts Payable is credited, it indicates
A)
Q124: The owner's drawings account
A) is reported on
Q125: Which of the following statements about expenses
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