Multiple Choice
Which of the following accounts has a normal credit balance?
A) T) Stark, Drawing
B) Accounts Payable
C) Supplies Expense
D) Accounts Receivable
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q25: The partial worksheet for the Jamison Company
Q26: When done properly, how many journal entries
Q27: The entry to close the owner's drawing
Q28: Information in the financial statements provides answers
Q29: Which of the following accounts has a
Q31: The final closing entry transfers the balance
Q32: Match the accounting terms with the description
Q33: The postclosing trial balance contains balance sheet
Q34: The asset, liability, and owner's capital accounts
Q35: After all the closing entries are posted