Multiple Choice
Which of the following statements is incorrect?
A) The normal balance of an expense account is a credit.
B) The abnormal balance of a revenue account is a debit.
C) The normal balance of the owner's withdrawals account is a debit.
D) The normal balance of an unearned revenues account is a credit.
E) The normal balance of the accounts receivable account is a debit.
Correct Answer:
Verified
Correct Answer:
Verified
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