Which of the following accounts normally has a credit balance?
A) Cash
B) Service revenue
C) Accounts receivable
D) Utilities expense
Correct Answer:
Verified
Q48: Sue Costa,owner of A-1 Cleaning Services,invested an
Q49: 200 Which of the following accounts normally
Q50: 200 On June 18,Baltic Arena paid $6,600
Q51: In accounting,the terms debit and credit indicate,respectively:
A)Increase
Q52: [The following information applies to the questions
Q54: [The following information applies to the questions
Q55: If a company purchases equipment for cash:
A)Assets
Q56: In a ledger,debit entries cause:
A)Increases in owners'
Q57: If a company purchases equipment on account:
A)Assets
Q58: The collection of accounts receivable is recorded
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