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    Intermediate Accounting Study Set 7
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    Exam 4: Review of the Accounting Cycle
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    Which of the Following Accounts Has a Normal Credit Balance
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Which of the Following Accounts Has a Normal Credit Balance

Question 171

Question 171

Multiple Choice

Which of the following accounts has a normal credit balance?


A) Interest Expense
B) Deferred Revenue
C) Investments
D) Loss on Sale of Equipment

Correct Answer:

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