Multiple Choice
A debit is not the normal balance for which of the following?
A) Asset account
B) Dividends account
C) Expense account
D) Share capital-ordinary account
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q103: A classmate is considering dropping his accounting
Q104: The first step in designing a computerized
Q152: The general rules of debit and credit,
Q153: The first step in posting involves<br>A) entering
Q155: Which of the following statements is not
Q156: An accountant has debited an asset account
Q160: A general ledger should be arranged in
Q162: The ledger accounts of the Redlands Place
Q180: The ledger is merely a bookkeeping device
Q199: A trial balance will not balance if<br>A)