Which of the following accounts would normally have a credit balance?
A)Accounts Receivable
B)Retained Earnings
C)Inventory
D)Depreciation Expense

Name: Which of the following accounts would normally have a credit balance? A)Accounts Receivable B)Retained Earnings C)Inventory D)Depreciation Expense
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Question

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Retained Earnings would normally have a credit balance as it represents the accumulated profits of a company that have not been paid out as dividends.

Which of the Following Accounts Would Normally Have a Credit