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    Principles of Financial Accounting Study Set 1
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    Exam 2: The Recording Process
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    A Credit Is NOT the Normal Balance for Which Account
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A Credit Is NOT the Normal Balance for Which Account

Question 121

Question 121

Multiple Choice

A credit is NOT the normal balance for which account listed below?


A) Capital account
B) Revenue account
C) Liability account
D) Drawings account

Correct Answer:

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