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    Financial Accounting Study Set 26
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    Exam 2: Recording Business Transactions
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    The Normal Balance of the Supplies Account Is a Account
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The Normal Balance of the Supplies Account Is a Account

Question 54

Question 54

Multiple Choice

The normal balance of the Supplies account is a account.


A) debit; shareholders' equity
B) debit; asset
C) credit; liability
D) credit; expense

Correct Answer:

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