Multiple Choice
Which of the following groups of accounts contains only those accounts that normally have credit balances?
A) Accounts Payable; Retained Earnings; Service Revenue.
B) Equipment; Cash; Contributed Capital.
C) Notes Payable; Wages Payable; Rent Expense.
D) Accounts Receivable; Accounts Payable; Deferred Revenue.
Correct Answer:
Verified
Correct Answer:
Verified
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