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  3. Study Set
    Financial Accounting Study Set 7
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    Exam 2: Recording Business Transactions
  5. Question
    The Normal Balance of an Expense Account Is a ________
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The Normal Balance of an Expense Account Is a ________

Question 131

Question 131

Multiple Choice

The normal balance of an expense account is a ________ because expenses decrease ________.


A) credit; assets
B) debit; shareholders' equity
C) credit; liabilities
D) debit; revenues

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