Multiple Choice
The normal balance of land is a ________ because it is a(n) ________ account.
A) debit; expense
B) credit; asset
C) debit; asset
D) credit; revenue
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q100: Performing a service for cash would:<br>A)affect the
Q101: The normal balance of notes payable is
Q102: Following is a list of errors
Q103: The last step in the journalizing process
Q104: The normal balance of the Accounts Payable
Q106: An owner investment of equipment into the
Q107: If the credit amount of an entry
Q108: The payment of the owner's personal expenses
Q109: Receiving cash on account of $1,200 from
Q110: A business has the following transactions: