menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting IFRS Study Set 2
  4. Exam
    Exam 2: The Recording Process
  5. Question
    A Credit Is Not the Normal Balance for Which Account
Solved

A Credit Is Not the Normal Balance for Which Account

Question 118

Question 118

Multiple Choice

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


A) Share Capital-Ordinary account
B) Revenue account
C) Liability account
D) Dividends account

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q18: Which of the following is not true

Q31: An accountant has debited an asset account

Q59: Which one of the following represents the

Q109: A journal provides<br>A) the balances for each

Q116: On June 1, 2011 Quang Le buys

Q119: Accounts maintained within the ledger that appear

Q120: At December 1, 2011, Gibson Company's

Q159: The account titles used in journalizing transactions

Q191: Posting is the process of proving the

Q192: The normal balance of an expense is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines