Solved

Which of the Following Groups of Accounts Contains Only Those

Question 115

Multiple Choice

Which of the following groups of accounts contains only those that normally have credit balances?


A) Accounts Payable;Retained Earnings;Service Revenue.
B) Equipment;Cash;Contributed Capital.
C) Notes Payable;Wages Payable;Rent Expense.
D) Accounts Receivable,Retained Earnings,Cash.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions