The normal balance of Owners' Capital is a
A) credit balance.
B) debit balance.
C) debit and credit balance.
D) debit or credit balance.
Correct Answer:
Verified
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)
Q113: A debit is not the normal balance
Q114: Knowing the normal balances of accounts would
Q117: Liabilities normally show
A) credit balances.
B) debit balances.
C)
Q119: Which of the following is a true
Q120: A credit is not the normal balance
Q121: Which of the following statements is true?
A)
Q122: When Accounts Payable is credited, it indicates
A)
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