Multiple Choice
An awareness of the normal balances of accounts would help you spot which of the following as an error in recording?
A) A debit balance in the owner's drawings account
B) A credit balance in an expense account
C) A credit balance in a liabilities account
D) A credit balance in a revenue account
Correct Answer:
Verified
Correct Answer:
Verified
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Q88: Which one of the following is not
Q89: An accounting record where transactions are initially
Q90: Assets normally show<br>A) credit balances.<br>B) debit balances.<br>C)
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Q93: A journal is also known as a
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