Consider the following list of accounts: Cash Retained Earnings
Service Revenue Utilities Expense
Salaries Expense Accounts Receivable
Accounts Payable Common Stock
Equipment Dividends
How many of these accounts have a normal debit balance?

Question

Quizplus · Accepted Answer

Accounts with a normal debit balance include: Cash, Utilities Expense, Salaries Expense, Accounts Receivable, Equipment, and Dividends.

Consider the Following List of Accounts: Cash Retained Earnings