Solved

The Normal Balance of an Expense Account Is a ________

Question 98

Multiple Choice

The normal balance of an expense account is a ________ because expenses decrease ________.

A) debit;assets
B) debit;expenses
C) debit;retained earnings
D) credit;retained earnings

Related Questions

Q93: Define and provide an example of each

Q94: The trial balance summarizes all the account

Q95: A chart of accounts:<br>A)is used by an

Q96: An example of a slide-type error is

Q97: The Diamond Store began business on June

Q99: Which of the following transactions would decrease

Q100: A company declared and paid dividends of

Q101: Accounts Receivable is increased with a credit.

Q102: What is the last step in the

Q103: The process of copying the information from