menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting
  4. Exam
    Exam 2: Recording Business Transactions
  5. Question
    The Accounts Receivable Account Is A(n)________ Account and Carries a ________
Solved

The Accounts Receivable Account Is A(n)________ Account and Carries a ________

Question 150

Question 150

Multiple Choice

The Accounts Receivable account is a(n) ________ account and carries a ________ normal balance.


A) liability; debit
B) asset; debit
C) liability; credit
D) asset; credit

Correct Answer:

verifed

Verified

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

Related Questions

Q7: Which of the following statements is true

Q55: A chart of accounts is a list

Q88: The Owner's Capital account is increased by

Q146: Carol Instruments sells musical instruments. On December

Q147: A debit always means a decrease and

Q151: Which of the following is the order

Q153: Beetles Inc. recorded the following journal entry

Q154: The following transactions have been journalized and

Q155: Which type of account is Owner's Capital?<br>A)equity<br>B)asset<br>C)liability<br>D)revenue

Q176: When is a trial balance usually prepared?<br>A)

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines