Assets,Drawings and Expenses have a normal balance on the debit side.
Correct Answer:
Verified
Q28: When recording a transaction in a journal,the
Q39: For Drawings,the category of account and its
Q40: Journalising a transaction means:
A)recording the transaction,including a
Q41: A business makes a payment of $1440
Q43: A business purchased $200 of supplies
Q45: A business makes a cash payment of
Q46: An owner invests $20 000 in her
Q47: A business renders services to a customer
Q48: A business purchases equipment by paying $9023
Q53: A journal entry includes BOTH debit and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents