Multiple Choice
Identify the statement below that is incorrect.
A) The normal balance of accounts receivable is a debit.
B) The normal balance of dividends is a debit.
C) The normal balance of unearned revenues is a credit.
D) The normal balance of an expense account is a credit.
E) The normal balance of the common stock account is a credit.
Correct Answer:
Verified
Correct Answer:
Verified
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