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  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 2: Recording Business Transactions
  5. Question
    For Supplies,the Category of Account and Its Normal Balance Are
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For Supplies,the Category of Account and Its Normal Balance Are

Question 1

Question 1

Multiple Choice

For Supplies,the category of account and its normal balance are:


A) Owners' equity and a credit balance.
B) Assets and a credit balance.
C) Liabilities and a credit balance.
D) Assets and a debit balance.

Correct Answer:

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