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Which of the Following Groups of Accounts Contains Only Those

Question 147

Multiple Choice

Which of the following groups of accounts contains only those that normally have credit balances?


A) Accounts Payable,Service Revenue,and Retained Earnings
B) Cash,Equipment,and Common Stock
C) Notes Payable,Salaries and Wages Payable,and Rent Expense
D) Cash,Accounts Receivable,and Retained Earnings

Correct Answer:

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