Multiple Choice
Which of the following accounts does not have a normal credit balance?
A) Deferred Revenue
B) Prepaid Rent
C) Accounts Payable
D) Service Revenue
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q23: The following transactions occurred during July: 1.Received
Q24: The following account balances are taken
Q25: The following account balances are taken
Q26: GAAP does not allow cash basis accounting
Q27: When a company makes a payment for
Q29: A company's revenue recognition policy:<br>A)affects the income
Q30: Which of the following is always true?<br>A)Net
Q31: Which of the following expressions correctly describes
Q32: The _ takes stock of what exists
Q33: In September,a customer signed a contract to