Multiple Choice
A debit is not the normal balance for which of the following accounts?
A) Expense account
B) Revenue account
C) Asset account
D) Owner's Drawings account
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q28: Debit and credit can be interpreted to
Q107: An _ is a record of increases
Q116: Pope Accounting Service purchased new computers for
Q117: The purchase equipment for cash increases total
Q119: When cash is invested in the business
Q120: OPI Company purchased supplies on account. To
Q123: The chart of accounts is the basic
Q124: Haircut 101 performed services for cash of
Q125: The normal balance of an asset account
Q126: The purchase of equipment is recorded with