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    Fundamentals of Financial Accounting Study Set 4
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    Exam 2: The Balance Sheet
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    Which of the Following Describes the Classification and Normal Balance
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Which of the Following Describes the Classification and Normal Balance

Question 86

Question 86

Multiple Choice

Which of the following describes the classification and normal balance of the retained earnings account?


A) Asset,debit
B) Stockholders' equity,credit
C) Liability,credit
D) Stockholders' equity,debit

Correct Answer:

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