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    Core Concepts of Accounting
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    Exam 3: The Mechanics of Double-Entry Bookkeeping
  5. Question
    Expenses Normally Have ___ Balances and Cause Stockholders' Equity to ____
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Expenses Normally Have ___ Balances and Cause Stockholders' Equity to ____

Question 54

Question 54

Multiple Choice

Expenses normally have ___ balances and cause stockholders' equity to ____.


A) debit; increase
B) debit; decrease
C) credit; increase
D) credit; decrease
E) credit; remain unchanged

Correct Answer:

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