The normal balance of a revenue account is a ________ because revenues increase ________.
A) credit;assets
B) debit;expenses
C) debit;retained earnings
D) credit;retained earnings
Correct Answer:
Verified
Q145: A bookkeeper posted the same journal entry
Q146: Although a trial balance can be prepared
Q147: The normal balance of an account:
A)falls on
Q148: Prepare the journal entry(ies)for the following transactions:
May
Q149: Prepare the journal entry for the following
Q151: When a trial balance is out of
Q152: An account with a normal debit balance
Q153: The financial statements can be prepared from
Q154: Accounts are listed in random order in
Q155: Prepare the journal entry for the following
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