Multiple Choice
Which of the following accounts has a normal credit balance?
A) Accounts Receivable
B) Owner's Capital
C) Wages Expense
D) Owner's Withdrawals
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: A purchase is recognized in the accounting
Q14: For which of the following accounts would
Q87: Briefly explain the difference between Unearned Art
Q93: The Post.Ref.column in the general journal is
Q121: The double-entry system is possible because all
Q142: Which of the following statements is true
Q165: Typically, the chart of accounts begins with<br>A)
Q170: Indicate whether each account below has a
Q171: Which of the following accounts is classified
Q174: In a journal entry, assets are always