Multiple Choice
Which of the following statements 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 common stock is a credit.
Correct Answer:

Verified
Correct Answer:
Verified
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