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  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 2: Debits and Credits: Analyzing and Recording Business Transactions
  5. Question
    The Accounts Receivable Account Is
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The Accounts Receivable Account Is

Question 3

Question 3

Multiple Choice

The Accounts Receivable account is


A) a revenue, and it has a normal debit balance.
B) an expense, and it has a normal credit balance.
C) an asset, and it has a normal debit balance.
D) a liability, and it has a normal credit balance.

Correct Answer:

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