Which of the following types of accounts have a normal debit balance?

Name: Which of the following types of accounts have a normal debit balance?
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Question

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Assets and Expenses accounts have normal debit balances. This means that an increase in these accounts is recorded as a debit and a decrease is recorded as a credit. The other options have normal credit balances, which means that an increase is recorded as a credit and a decrease is recorded as a debit.

Which of the Following Types of Accounts Have a Normal