Which of the following accounts would normally have a debit balance and appear in the balance sheet?
A)Accounts Receivable.
B)Deferred Revenue.
C)Salaries Expense.

Question

Quizplus · Accepted Answer

Accounts Receivable are considered assets and would normally have a debit balance on the balance sheet. Deferred Revenue would have a credit balance and Salaries Expense would have a credit balance on the income statement.

Which of the Following Accounts Would Normally Have a Debit