Multiple Choice
For the Cash account, the category of account and its normal balance is:
A) assets and a debit balance.
B) liabilities and a credit balance.
C) liabilities and a debit balance.
D) assets and a credit balance.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: Liabilities are economic resources that are expected
Q10: A journal entry for a $75 payment
Q13: The account title used for recording the
Q14: A business renders services to a customer
Q16: At the end of a month, a
Q19: The following are the current month's balances
Q31: An account that normally has a debit
Q109: When a business collects cash,the Cash account
Q145: For Office Supplies,the category of account and
Q219: An asset account is increased by a