Solved

_____ What Is the Normal Balance of the Following Accounts

Question 92

Short Answer

_____ What is the normal balance of the following accounts?
 Transfers Out  Transfers In  a.  Debit  Debit  b.  Debit  Credit  c.  Credit  Debit  d.  Credit  Credit \begin{array}{lcc} & \text { Transfers Out } & \text { Transfers In } \\\text { a. } & \text { Debit } & \text { Debit } \\\text { b. } & \text { Debit } & \text { Credit } \\\text { c. } & \text { Credit } & \text { Debit } \\\text { d. } & \text { Credit } & \text { Credit }\end{array}

Correct Answer:

verifed

Verified

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

Related Questions