Solved

For Drawings,the Category of Account and Its Normal Balance Are

Question 19

Multiple Choice

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

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

Related Questions

Q15: For Accounts payable,the category of account and

Q16: Which of the following accounts is NOT

Q16: When recording a transaction in a journal,the

Q17: Which of the following accounts is an

Q18: Beetles Ltd recorded the following journal

Q20: After initially recording a transaction,the data is

Q22: A business makes a payment of $1440

Q24: The following are the current month's

Q33: When a business records an expense incurred,the

Q151: In a trial balance,total debits are always