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Which of the Following Statements Is Incorrect

Question 90

Multiple Choice

Which of the following statements is incorrect?


A) The normal balance of the accounts receivable account is a debit.
B) The normal balance of the owner's withdrawals account is a debit.
C) The normal balance of an unearned revenues account is a credit.
D) The normal balance of an expense account is a credit.
E) The abnormal balance of a revenue account is a debit.

Correct Answer:

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