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An Awareness of the Normal Balances of Accounts Would Help

Question 148

Multiple Choice

An awareness of the normal balances of accounts would help you spot which of the following as an error in recording?


A) A credit balance in Accounts Payable
B) A debit balance in Accounts Receivable
C) A debit balance in Owner's Drawings
D) A debit balance in Revenue

Correct Answer:

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