Multiple Choice
Which of the following groups of accounts have normal debit balances?
A) assets, revenues, and owner withdrawals
B) assets, expenses, and owner withdrawals
C) assets, liabilities, and capital
D) assets, revenues, and expenses
Correct Answer:
Verified
Correct Answer:
Verified
Q24: A payment of $400 to a creditor,
Q25: The owner withdrawing cash for personal use
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