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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 a Revenue Account Is a ________
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The Normal Balance of a Revenue Account Is a ________

Question 117

Question 117

Multiple Choice

The normal balance of a revenue account is a ________ because revenues increase ________.


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

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